Outlook Therapeutics to Begin Reverse Stock Split for Regaining Nasdaq Compliance-March 2024-www.financetom.com

Outlook Therapeutics to Begin Reverse Stock Split for Regaining Nasdaq Compliance

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Outlook Therapeutics to Begin Reverse Stock Split for Regaining Nasdaq Compliance

Mar 12, 2024 1:48 PM

04:15 PM EDT, 03/12/2024 (MT Newswires) -- Outlook Therapeutics ( OTLK ) said Tuesday that the planned 1-for-20 reverse stock split will be effective from Thursday's regular trading session.

The reverse stock split is part of ophthalmic medication company's plan to regain compliance with Nasdaq's minimum bid price rules.

Outlook shares closed nearly 11% lower in regular session.

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