BiomX to Effect 1-for-10 Reverse Stock Split-June 2024-www.financetom.com

BiomX to Effect 1-for-10 Reverse Stock Split

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BiomX to Effect 1-for-10 Reverse Stock Split

Aug 15, 2024 7:43 AM

10:19 AM EDT, 08/15/2024 (MT Newswires) -- BiomX ( PHGE ) said Thursday it plans to effect a 1-for-10 reverse split of its common shares.

The shares will start trading on a split-adjusted basis, effective Aug. 26.

The company said the split will reduce the number of its outstanding shares to about 17,895,845 from 178,958,447.

BiomX ( PHGE ) shares were nearly 8% lower in recent trading.

Price: 0.17, Change: -0.01, Percent Change: -7.61

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