Phio Pharmaceuticals Corp. (PHIO) Announces Reverse Stock Split

Go back to Phio Pharmaceuticals Corp. (PHIO) Announces Reverse Stock Split

Phio Pharmaceuticals Announces Reverse Stock Split

July 2, 2024 11:47 AM EDT

Marlborough, Massachusetts--(Newsfile Corp. - July 2, 2024) - Phio Pharmaceuticals Corp. (Nasdaq: PHIO) (the "Company"), a clinical stage biotechnology company whose proprietary INTASYL siRNA gene silencing technology is designed to make immune cells more effective in killing tumor cells, today announced that the Company's Board of Directors has approved a reverse stock split of its shares of common stock at a ratio of 1-for-9. The reverse stock split will become effective at 12:01 a.m. Eastern Time on July 5, 2024 and the Company's common stock will open for trading on The Nasdaq Capital Market on a... More