Reverse stock splits are often used by companies to maintain listing requirements by increasing the stock price, although they do not inherently change the company's market value. For MYMD, this move is likely aimed at meeting Nasdaq's minimum bid price requirement. The short-term impact on the stock price could be neutral to slightly positive as it reflects the company's efforts to comply with Nasdaq standards. However, investor perception of reverse splits can vary, and the long-term impact depends on the company's future performance and investor confidence.