Athersys (ATHX) Announces 1:25 Reverse Stock Split

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Go back to Athersys (ATHX) Announces 1:25 Reverse Stock Split

Athersys Announces 1-for-25 Reverse Stock Split

August 25, 2022 4:30 PM EDT

CLEVELAND--(BUSINESS WIRE)-- Athersys, Inc. (Nasdaq: ATHX), a regenerative medicine company developing MultiStem® (invimestrocel) for critical care indications, announced today that it will be executing a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-25 after the close of trading on the Nasdaq Stock Market on Friday, August 26, 2022. Athersys common stock will begin trading on a split-adjusted basis when the market opens on Monday, August 29, 2022 under the existing trading symbol ATHX and a new CUSIP number. The reverse stock split was previously approved by Athersys stockholders at the... More