Ping An Biomedical Announces 1-For-40 Reverse Stock Split, Effective Oct. 23
Ping An Biomedical Co., Ltd. (Nasdaq: PASW) ("Ping An Bio" or the "Company") announced that its board of directors has approved a 1-for-40 reverse stock split of the Company’s class A ordinary shares and
Ping An Biomedical is combining every 40 shares into 1 share. When a company does this, it often means the stock price was too low for a while.
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