other material
confidence high
sentiment negative
materiality 0.55
Brainstorm Cell Therapeutics announces 1-for-15 reverse stock split effective Sept 30
BRAINSTORM CELL THERAPEUTICS INC.
- Board approved 1-for-15 reverse stock split on Sept 23, 2024; stockholders authorized at Sept 16 meeting.
- Reverse split effective at 11:59 p.m. ET on Sept 30, 2024; trading on split-adjusted basis Oct 1 under BCLI.
- No fractional shares issued; cash in lieu based on closing price prior to effective time.
- New CUSIP number 10501E 300; par value unchanged at $0.00005 per share.