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Thursday, 08/04/2022 6:45:59 PM

Thursday, August 04, 2022 6:45:59 PM

Post# of 9521
1-for-15 reverse stock split

Aug. 04, 2022 5:58 PM ETMind Medicine (MindMed) Inc. (MNMD)By: Jessica Kuruthukulangara, SA News Editor2 Comments

Mind Medicine (NASDAQ:MNMD) on Thursday announced a 1-for-15 reverse stock split.As a result of the stock split, there will be ~28.4M shares issued and outstanding.The stock split aims to address Nasdaq's minimum bid price requirement.The stock split is expected to take effect after close of business on Aug. 26.MNMD shares edged 3.8% lower aftermarket following the announcement.

Now Read: MindMed: Another Psychedelic Medicine Play Trading At A Potential Discount
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  • 1M
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  • 6M
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  • 5Y
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