Reported Earlier, Reneo Pharmaceuticals Announces Stockholder Approval Of Merger With OnKure And 1-For-10 Reverse Stock Split
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Reneo Pharmaceuticals has announced stockholder approval for a merger with OnKure and a 1-for-10 reverse stock split. The combined company will trade on Nasdaq under the ticker 'OKUR'.
October 03, 2024 | 6:51 am
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Reneo Pharmaceuticals has received stockholder approval for a merger with OnKure and will undergo a 1-for-10 reverse stock split. The new entity will trade under the ticker 'OKUR'.
The merger with OnKure and the reverse stock split are significant corporate actions that could positively impact Reneo's stock price by creating a stronger combined entity and potentially increasing the stock's marketability.
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