Monday, March 20, 2017 7:31:49 PM
Neurotrope Announces Reverse Split of Common Stock in Preparation for NASDAQ Uplisting
NEW YORK, Jan. 12, 2017 /PRNewswire/ -- Neurotrope, Inc. (OTCQB: NTRP), a clinical-stage biopharmaceutical company developing novel therapies for neurodegenerative diseases, including Alzheimer's disease, announced today that its Board of Directors has approved a 1-for-32 reverse stock split of the Company's issued and outstanding common stock. The reverse stock split was effective prior to the stock market opening on January 12, 2017. With the successful implementation of the reverse stock split and provided that the Company's common stock meets the NASDAQ minimum bid price requirement, the Company believes it will meet all requirements for listing Neurotrope's common stock on the NASDAQ Capital Market.
http://www.prnewswire.com/news-releases/neurotrope-announces-reverse-split-of-common-stock-in-preparation-for-nasdaq-uplisting-300390037.html
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