InvestorsHub Logo
Followers 467
Posts 26918
Boards Moderated 2
Alias Born 09/11/2006

Re: surf1944 post# 325

Friday, 11/09/2012 8:37:48 AM

Friday, November 09, 2012 8:37:48 AM

Post# of 6197
7:31AM NABI Biopharma effects 6 to 1 reverse stock split and announces the completion of and final exchange ratio for the business combination transaction with Biota Holdings (NABI) 1.80 : Co announced the effectiveness of its six-to-one reverse stock split of Nabi common stock, which became effective as of 4:59 p.m., EST, on Nov 8, 2012. Nabi also announced the closing of the business combination transaction between Nabi and Biota Holdings Limited and a final, split adjusted, exchange ratio of 0.1249539870 of a share of Nabi common stock for each Biota ordinary share. In addition, Nabi's corporate name was changed to Biota Pharmaceuticals in connection with the closing of the Transaction. Shares of common stock of the combined company, Biota Pharmaceuticals, Inc., will begin trading on the NASDAQ Global Select Market on a reverse split adjusted basis at the opening of trading on Nov 9, 2012 under a new CUSIP number under the new symbol "BOTA".

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VXRT News