Revelation Biosciences Inc. Announces 1-for-16 Reverse Stock Split Effective January 28, 2025
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Revelation Biosciences Inc. (NASDAQ: REVB) announced a 1-for-16 reverse stock split effective January 28, 2025, following approval at a Special Meeting of Stockholders.
January 24, 2025 | 11:15 am
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Revelation Biosciences Inc. will undergo a 1-for-16 reverse stock split on January 28, 2025, which may affect its stock price and trading volume.
Reverse stock splits often lead to a decrease in stock price due to perceived financial instability or attempts to meet listing requirements. This action may also reduce trading volume as the number of shares decreases.
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