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Alaunos Therapeutics approves 1-for-15 reverse stock split effective Jan 31, 2024
Alaunos Therapeutics, Inc.
- Reverse split ratio of 1-for-15 approved by Board on Jan 29, 2024; effective Jan 31 at 5:00 PM ET.
- Every 15 pre-split shares combine into 1 post-split share; trading begins on split-adjusted basis Feb 1 under same symbol TCRT with new CUSIP.
- Stockholders authorized split ratio range (1-for-5 to 1-for-15) at June 2023 annual meeting; Board selected 1-for-15 on Jan 12, 2024.
- Equiniti Trust Company appointed as exchange agent for the reverse split.