Alphatec Holdings (ATEC) Announces Effectiveness of 1-for-12 Reverse Stock Split
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Alphatec Holdings Announces One-for-Twelve Reverse Stock Split
August 24, 2016 11:59 AM EDTCARLSBAD, Calif., Aug. 24, 2016 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq: ATEC), the parent company of Alphatec Spine, Inc., a global provider of spinal fusion technologies, today announced the effectiveness of a one-for-twelve reverse stock split of its common stock. The reverse stock split will take effect at 5:00 pm Eastern Time on August 24, 2016 and the Companys common stock will open for trading on The NASDAQ Global Select Market on August 25, 2016 on a post-split basis.
The reverse stock split is intended to increase the per share trading price of the... More
