Ainos (AIMD) Announces 1:5 Reverse Stock Split

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Ainos, Inc. Announces Stock Consolidation

December 12, 2023 8:02 AM EST

SAN DIEGO, CA / ACCESSWIRE / December 12, 2023 / Ainos, Inc. (NASDAQ:AIMD, AIMDW) ("Ainos," or the "Company"), a diversified healthcare company focused on the development of AI-powered point-of-care testing, VELDONA low-dose interferon therapeutics, and synthetic RNA-driven preventative medicine, today announced that, as previously authorized by its shareholders, the Company is implementing a consolidation (reverse stock split) of its outstanding shares of common stock on the basis of one (1) new share of common stock for every five (5) currently outstanding shares.

The new shares of common stock will be effective for trading purposes as of the commencement of trading on... More