Silexion Therapeutics executes 1-for-9 reverse stock split to meet Nasdaq price requirements.

Silexion Therapeutics, a biotech firm developing RNA interference therapies for certain cancers, is implementing a 1-for-9 reverse share split effective after market close on November 27, 2024. This move aims to help the company meet Nasdaq’s minimum bid price requirement, support its market position, and facilitate future equity financings. The split will adjust the trading price and par value of shares, with no action needed from shareholders holding shares through brokers.

November 22, 2024
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