Clene (CLNN) Announces 1:20 Reverse Share Split

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Go back to Clene (CLNN) Announces 1:20 Reverse Share Split

Clene Announces 1-for-20 Reverse Stock Split

July 9, 2024 8:00 AM EDT

SALT LAKE CITY, July 09, 2024 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, Clene) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS), today announced that it will effect a 1-for-20 reverse stock split at 12:01 a.m. Eastern Time, on July 11, 2024. Beginning with the opening of trading on July 11, 2024, Clenes common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under a... More