Biofrontera Inc. (BFRI) Announces 1-for-20 Reverse Stock Split

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Go back to Biofrontera Inc. (BFRI) Announces 1-for-20 Reverse Stock Split

Biofrontera Inc. Announces 1-for-20 Reverse Stock Split

July 3, 2023 9:17 AM EDT

WOBURN, MA / ACCESSWIRE / July 3, 2023 / Biofrontera Inc. (Nasdaq: BFRI) ("Biofrontera" or the "Company"), a biopharmaceutical company specializing in the commercialization of dermatologic products, announces that it will effect a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-20 that will become effective after the close of trading at 11:59 p.m. today. Biofrontera Inc. common stock will begin trading on Nasdaq on a split-adjusted basis when the market opens on Wednesday, July 5, 2023 under the existing symbol, BFRI, and under a new CUSIP number, 09077D 209.

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