trending Market Intelligence /marketintelligence/en/news-insights/trending/Hs__sjNWMKwVcBqAJpyUNg2 content esgSubNav
In This List

Citius performing reverse split to attract investment, up share liquidity

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Global M&A by the Numbers: Q2 2022

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Infographic 2022 Top Tech Trends Shaping Corporations


Citius performing reverse split to attract investment, up share liquidity

Citius Pharmaceuticals Inc. is performing a 1-for-15 reverse stock split June 9.

The move will reduce the company's outstanding common shares to about 5.05 million shares from about 75.8 million shares.

Upon completion, the company will seek listing on a senior exchange to attract a broader range of investors and to increase share liquidity. Citius Pharmaceuticals trades on the OTC Bulletin Board.

VStock Transfer LLC is acting as the company's exchange agent for the reverse split.