Benitec Biopharma (BNTC) Announces 1:17 Reverse Stock Split

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Benitec Biopharma Announces 1-for-17 Reverse Stock Split Effective July 26, 2023

July 25, 2023 1:00 PM EDT

HAYWARD, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Benitec Biopharma Inc. (NASDAQ: BNTC) (Benitec or Company), a clinical-stage, gene therapy-focused, biotechnology company developing novel genetic medicines based on its proprietary DNA-directed RNA interference (ddRNAi)

Silence and Replace platform, announced today that it will effect a 1-for-17 reverse stock split (Reverse Stock Split) of its common stock, par value $0.0001 per share (Common Stock), that will become effective on July 26, 2023, at 12:01 a.m., Eastern Time. Benitecs Common Stock will continue to trade on The Nasdaq Capital Market (Nasdaq) under the existing symbol BNTC and will begin trading on a split-adjusted basis... More