Thursday, March 14, 2019 4:23:30 PM
CorMedix Q4 earnings up 121%
The Company also announced today that its Board of Directors has approved a one-for-five reverse stock split of its common stock that is scheduled to become effective before trading opens on March 26, 2019 .
s a result of the reverse stock split, the number of shares of common stock issued and outstanding will be reduced from approximately 119.0 million to approximately 23.8 million shares. There will be no change to the number of authorized shares.
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