Tonix Pharma (TNXP) Announces 1:100 Reverse Share Split
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Tonix Pharmaceuticals Announces 1-for-100 Reverse Stock Split
February 3, 2025 8:05 AM ESTCHATHAM, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a fully-integrated biopharmaceutical company with marketed products and a pipeline of development candidates, today announced that it will effect a 1-for-100 reverse stock split of its outstanding common stock. The reverse stock split will be effective for trading purposes as of the commencement of trading on February 5, 2025.
The reverse stock split is intended to increase the per share trading price of Tonixs common stock to satisfy the $1.00 minimum bid price requirement... More
