Retractable Tech terminates 1.35M unvested options; reports stock price anomalies to SEC

RETRACTABLE TECHNOLOGIES INC

Board terminated unvested option awards at $13.00/share to Shaw, Larios, and Fort III covering 1,350,000 shares.
Independent consulting firm hired in 2021 (cost >$600k) found statistically significant negative price reactions to positive news.
Company presented findings to SEC in March 2022; SEC declined enforcement in November 2022.
Company warns stockholders that stock price does not correlate with operational performance based on historical data.

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