Vincerx Pharma, Inc. Announces Reverse Stock Split
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Vincerx Pharma, Inc. has announced a reverse stock split, with its common stock set to begin trading on a split-adjusted basis on January 28, 2025.
January 23, 2025 | 9:15 pm
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Vincerx Pharma, Inc. is implementing a reverse stock split, which will affect its stock price as it begins trading on a split-adjusted basis on January 28, 2025.
The reverse stock split will consolidate shares, potentially increasing the stock price per share. However, the overall market capitalization remains unchanged. This action is often used to meet exchange listing requirements or to improve the perception of the stock price.
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