BioRestorative Therapies Announces 1-For-20 Reverse Stock Split
BioRestorative Therapies, Inc. (NASDAQ:BRTX) ("BioRestorative" or the "Company"), a late-stage clinical regenerative medicine company, today announced that the Company’s Board of Directors approved a
BioRestorative Therapies is combining its stock so that 20 old shares become 1 new share—this makes each share worth more on paper but doesn't change what the company is actually worth. When a company does this, it's often because the stock price got very low, so watch whether the company's real business gets better or stays the same.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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