NetworkNewsBreaks — SenesTech Inc. (NASDAQ: SNES
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Posted On: 11/15/2023 4:01:51 PM
NetworkNewsBreaks — SenesTech Inc. (NASDAQ: SNES) to Effect Reverse Stock Split
SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal pest populations, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 12 pre-split shares. According to the announcement, the reverse stock split will become effective at 4:01 p.m., Eastern Time, on Nov. 16, 2023. The company’s common stock will continue to trade on the Nasdaq Capital Market under the symbol SNES and will begin trading on a split-adjusted basis when the market opens on Nov. 17, 2023. At a special meeting held on Aug. 18, 2023, the company’s stockholders granted the company’s board of directors the discretion to effect a reverse stock split of the company’s common stock through an amendment to its Amended and Restated Certificate of Incorporation, as amended, at a ratio of not less than 1-for-2 and not more than 1-for-12, with such ratio to be determined by the board.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal pest populations, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 12 pre-split shares. According to the announcement, the reverse stock split will become effective at 4:01 p.m., Eastern Time, on Nov. 16, 2023. The company’s common stock will continue to trade on the Nasdaq Capital Market under the symbol SNES and will begin trading on a split-adjusted basis when the market opens on Nov. 17, 2023. At a special meeting held on Aug. 18, 2023, the company’s stockholders granted the company’s board of directors the discretion to effect a reverse stock split of the company’s common stock through an amendment to its Amended and Restated Certificate of Incorporation, as amended, at a ratio of not less than 1-for-2 and not more than 1-for-12, with such ratio to be determined by the board.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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