trending Market Intelligence /marketintelligence/en/news-insights/trending/DU39_uEDuUSCve0rEss7Iw2 content esgSubNav
In This List

Pressure BioSciences to implement 1-for-30 reverse stock split

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Corporate Credit Risk Trends in Developing Markets: A Probability of Default Perspective


Pressure BioSciences to implement 1-for-30 reverse stock split

Pressure BioSciences Inc. intends to implement a 1-for-30 reverse stock split of its common stock, effective June 5.

The reverse split is part of the company's plan to satisfy the $4 minimum bid price requirement to list on Nasdaq. Pressure Biosciences trades on the OTCQB.

Post split, the company's issued and outstanding shares will total 1,055,232.

Computershare Trust Co. NA will act as the exchange agent in the transaction.