Edesa Biotech (EDSA) Announces 1:7 Reverse Share Split

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Go back to Edesa Biotech (EDSA) Announces 1:7 Reverse Share Split

Edesa Biotech Announces One-for-Seven Reverse Share Split

October 10, 2023 9:03 AM EDT

TORONTO, ON / ACCESSWIRE / October 10, 2023 / Edesa Biotech, Inc. (NASDAQ: EDSA) ("Edesa" or the "Company"), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, today is announcing that it intends to effect a one-for-seven reverse share split of its common shares. The Company's common shares will continue to be traded on The Nasdaq Capital Market under the symbol "EDSA" and will begin trading on a post-reverse split basis when the market opens on Wednesday, October 11, 2023, under a new CUSIP number, 27966L306.

As a result of the reverse share split,... More