Lipella Pharmaceuticals (LIPO) Announces 1:8 Reverse Share Split

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Lipella Pharmaceuticals Announces 1-for-8 Reverse Stock Split

November 1, 2024 4:30 PM EDT

PITTSBURGH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lipella Pharmaceuticals Inc. (Nasdaq: LIPO) (the Company, our or us), a clinical-stage biotechnology company focused on developing innovative therapies for serious diseases with unmet medical needs, today announced that it intends to effect a 1-for-8 reverse stock split of its common stock effective as of 5:00 p.m. Eastern Time on November 7, 2024 upon the filing of a certificate of amendment to the Companys certificate of incorporation with the Secretary of State of the State of Delaware. The Company expects that its common stock will begin trading on a... More