BioXcel Therapeutics (BTAI) Announces 1:16 Reverse Share Split

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BioXcel Therapeutics Announces Reverse Stock Split

February 6, 2025 7:00 AM EST

NEW HAVEN, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- BioXcel Therapeutics, Inc. (Nasdaq: BTAI), a biopharmaceutical company utilizing artificial intelligence to develop transformative medicines in neuroscience, today announced that it will effect a 1-for-16 reverse stock split of its common stock. The reverse stock split will become effective at 5:00 p.m. Eastern Time on February 7, 2025, with the companys common stock expected to begin trading on a split-adjusted basis at the opening of the market on Monday, February 10, 2025.

Following the reverse stock split, the company's common stock will continue to trade on... More