EyePoint Pharmaceuticals (EYPT) Announces 1-for-10 Reverse Stock Split
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EyePoint Pharmaceuticals Announces 1-for-10 Reverse Stock Split
December 8, 2020 9:19 AM ESTWATERTOWN, Mass., Dec. 08, 2020 (GLOBE NEWSWIRE) -- EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a pharmaceutical company committed to developing and commercializing innovative ophthalmic products, today announced that it will effect a 1-for-10 reverse stock split at 5:00 p.m. Eastern Time today. Beginning with the opening of trading on December 9, 2020, EyePoint's common stock will trade on the Nasdaq Global Market on a split-adjusted basis under a new CUSIP number 30233G209.
The reverse stock split is intended to enable EyePoint to regain compliance with the $1.00 minimum closing bid price required for... More
