10:06 AM EDT, 04/22/2024 (MT Newswires) -- Cidara Therapeutics ( CDTX ) said Monday a 1-for-20 reverse stock split would take effect at 5 pm ET on Tuesday.
The company said its split-adjusted common shares share will begin trading Wednesday on the Nasdaq Capital Market under ticker symbol CDTX.
Shares of the company were down nearly 12% in recent Monday trading.