Mustang Bio (MBIO) Announces 1:50 Reverse Share Split

Go back to Mustang Bio (MBIO) Announces 1:50 Reverse Share Split

Mustang Bio Announces Reverse Stock Split

January 14, 2025 8:00 AM EST

WORCESTER, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Mustang Bio, Inc. (Mustang or the Company) (Nasdaq: MBIO), a clinical-stage biopharmaceutical company focused on translating todays medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, today announced that it will effect a 1-for-50 reverse stock split of its issued and outstanding common stock. Mustang expects its common stock to begin trading on a split-adjusted basis on The Nasdaq Stock Market as of the commencement of trading on January 16, 2025.

The reverse stock split was approved on June 27, 2024 by Mustangs Board of Directors and... More