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InspireMD seeking shareholder approval for reverse stock split

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InspireMD seeking shareholder approval for reverse stock split

InspireMD Inc. will seek shareholder approval at a special meeting Oct. 27 to implement a reverse stock split of its common stock.

The split ratio will be anywhere in the range of 1-for-10 to 1-for-25, with the exact ratio pending the company's board's decision.