PaxMedica (PXMD) Announces 1-for-17 Reverse Stock Split

Go back to PaxMedica (PXMD) Announces 1-for-17 Reverse Stock Split

PaxMedica Announces 1-for-17 Reverse Stock Split

October 30, 2023 11:30 AM EDT

TARRYTOWN, N.Y. , Oct. 30, 2023 (GLOBE NEWSWIRE) -- via IBN PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug therapies (APT) for the treatment of Autism Spectrum Disorder (ASD) and other serious conditions with intractable neurologic symptoms, today announced that as a result of its 1-for-17 reverse stock split of its common stock that became effective at 8:03 a.m. Eastern Time on October 30, 2023, its common stock will begin trading on a split-adjusted basis with the open of the market on October 31, 2023. PaxMedicas common stock will continue to... More