Cascadian Therapeutics (CASC) Proposes Reverse Stock Split
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Cascadian Therapeutics Announces Proposal for Reverse Stock Split
October 4, 2016 4:11 PM EDTSEATTLE, Oct. 04, 2016 (GLOBE NEWSWIRE) -- Cascadian Therapeutics (NASDAQ: CASC), a clinical-stage biopharmaceutical company, today announced that its board of directors has approved a plan for a reverse split of the Companys common stock to increase its share price and reduce the number of authorized and outstanding shares.
The board and management have worked diligently on several facets of the Company this year to position it for the future, including bringing in new management, and solidifying our product development and regulatory strategies. With this action, we are helping ensure that the... More
