ContraVir Pharma (CTRV) Announces 1-for-70 Reverse Stock Split

Go back to ContraVir Pharma (CTRV) Announces 1-for-70 Reverse Stock Split

ContraVir Pharmaceuticals, Inc. Announces Reverse Stock Split

May 31, 2019 8:00 AM EDT

EDISON, N.J., May 31, 2019 (GLOBE NEWSWIRE) -- ContraVir Pharmaceuticals, Inc. (Nasdaq: CTRV), a biopharmaceutical company focused on the development of therapeutic drugs for the treatment of liver disease arising from non-alcoholic steatohepatitis (NASH) and chronic viral infection, announced today a reverse split of its common stock, $0.0001 par value, at a ratio of 1 for 70 effective May 31, 2019 (the Effective Date). The Companys common stock will begin trading on a split-adjusted basis when the markets open on June 3, 2019 under the existing trading symbol CTRV.

The reverse stock split is primarily intended to bring the Company into compliance... More