trending Market Intelligence /marketintelligence/en/news-insights/trending/OZH59TUGgDtKR1I0AKOKsQ2 content esgSubNav
In This List

EnteroMedics shares to undergo 1-for-70 reverse stock split

Blog

Commercial Banking: June 22nd Edition

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Commercial Banking Newsletter June Edition - 2022

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


EnteroMedics shares to undergo 1-for-70 reverse stock split

EnteroMedics Inc. is undertaking a 1-for-70 reverse stock split that will come into effect Dec. 28.

The share consolidation will help the company meet NASDAQ's listing requirement. The company's shares need to trade above at least $1 apiece to maintain the listing.

EnteroMedics is also converting the entirety of its $18.8 million senior amortizing notes into company shares on Dec. 27.