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Checkpoint Therapeutics (CKPT) Announces 1-for-10 Reverse Stock Split

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Checkpoint Therapeutics Announces Reverse Stock Split

December 5, 2022 4:30 PM EST

WALTHAM, Mass., Dec. 05, 2022 (GLOBE NEWSWIRE) -- Checkpoint Therapeutics, Inc. (Checkpoint) (Nasdaq: CKPT), a clinical-stage immunotherapy and targeted oncology company, today announced that it will effect a 1-for-10 reverse stock split of its issued and outstanding common stock. Checkpoint expects its common stock to begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the commencement of trading on December 6, 2022.

The reverse stock split was approved on November 3, 2022 by Checkpoints Board of Directors and stockholders representing approximately 58% of the voting power of Checkpoints outstanding capital... More