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Jaguar Health implements 1-for-15 reverse stock split

Jaguar Health Inc. implemented a 1-for-15 reverse split of its issued and outstanding common stock.

The company's common shares began trading on a split-adjusted basis at market open June 1.

Jaguar Health also reduced its authorized shares to 210 million, consisting of 150 million common shares, 50 million non-voting common stock and 10 million blank check preferred stock.

Computershare Trust Co. NA acted as exchange agent for the reverse stock split.

San Francisco-based Jaguar Health is a commercial stage natural products pharmaceuticals company that develops novel, sustainably derived gastrointestinal products.