Jaguar Health, Inc. Announces Reverse Stock Split
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Jaguar Health, Inc. announced a 1-for-25 reverse stock split to maintain compliance with Nasdaq listing standards. The split will take effect on March 24, 2025, with shares trading on a split-adjusted basis under the symbol JAGX.
March 18, 2025 | 12:45 pm
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Jaguar Health is implementing a 1-for-25 reverse stock split to comply with Nasdaq listing standards. This move is aimed at increasing the stock price to meet the minimum bid price requirement.
The reverse stock split is a strategic move to increase the stock price and ensure compliance with Nasdaq's minimum bid price requirement. While it does not change the company's market capitalization, it can affect investor perception and trading activity.
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