other material
confidence high
sentiment neutral
materiality 0.60
Tivic Health announces 1-for-17 reverse stock split effective March 7, 2025 to regain Nasdaq compliance
Valion Bio, Inc.
- Reverse split at 1:17 ratio; effective 12:01 a.m. ET on March 7, 2025.
- Purpose: regain Nasdaq $1.00 minimum bid price after delisting notice received December 2024.
- Hearing before Nasdaq Panel held Feb 18, 2025; company awaits decision but expects split to aid listing.
- No fractional shares; any fractional interest rounded up to nearest whole share.
- Trading symbol TIVC unchanged; new CUSIP 888705308.