Orgenesis Board Approves 1-for-10 Reverse Stock Split

MT Newswires Live2024-09-23

Orgenesis (ORGS) said Monday that its board approved a 1-for-10 reverse stock split of common stock that will take effect at 5 pm ET Tuesday.

The move is aimed at regaining compliance with the minimum bid price rule of the Nasdaq Capital Market for continued listing, the company said.

Shares of Orgenesis were down nearly 7% in recent trading activity.

Price: 0.48, Change: -0.03, Percent Change: -6.75

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