FibroGen to Implement 1-for-25 Reverse Stock Split-March 2024-www.financetom.com

FibroGen to Implement 1-for-25 Reverse Stock Split

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FibroGen to Implement 1-for-25 Reverse Stock Split

Jun 12, 2025 2:14 PM

04:45 PM EDT, 06/12/2025 (MT Newswires) -- FibroGen ( FGEN ) said Thursday that it will implement a one-for-25 reverse stock split of its issued and outstanding common shares, effective June 16.

The shares will start trading on a split-adjusted basis at market open on June 17, according to the company.

FibroGen ( FGEN ) said it is implementing the reverse stock split to regain compliance with Nasdaq's minimum share price requirement for continued listing.

The company's shares were down nearly 7% in recent after-hours activity.

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