Take a look at adtx for comparison to what might happen next week with IBIO. The stock doubled when the RS was announced. This was a RS to stay listed on the NASDAQ. I think many of us seen that before.
As a result of the reverse stock split, the CUSIP number for the Company’s common stock will now be 007025505.
Shorts buy back because the CUSIP is changing and then crush it on the other side as they don't like to lose money.
News 
Market Data 
Discover 
AI
