04:57 PM EDT, 04/05/2024 (MT Newswires) -- Agenus ( AGEN ) said Friday its stockholders approved a 1-for-20 reverse stock split, effective April 12.

The split aims to increase the stock price to meet Nasdaq's listing requirements and to qualify shares for inclusion in Russell Indices, while also providing flexibility for future financing, the company said.

Price: 0.46, Change: -0.04, Percent Change: -7.7