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Stock impact report

Assertio Holdings, Inc. Announces 1-for-15 Reverse Stock Split

Assertio Holdings, Inc. (ASRT) 
Last assertio holdings, inc. earnings: 3/9 04:02 pm Check Earnings Report
Company Research Source: Business Wire
LAKE FOREST, Ill.--(BUSINESS WIRE)--Assertio Holdings, Inc. (“Assertio” or the “Company”) (NASDAQ: ASRT) today announced that it filed a certificate of amendment to its certificate of incorporation (the “Certificate of Amendment”) on December 19 to implement a one-for-fifteen reverse split of its issued and outstanding common stock (the “Reverse Split”).The Reverse Split will become effective as of 12:01 a.m. Eastern Time on December 26, 2025, and the Company’s common stock will begin trading on a split-adjusted basis when the market opens on December 26, 2025. The Company’s common stock will continue to trade on The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “ASRT.” The new CUSIP number for the common stock following the Reverse Split will be 04546C 304.“After carefully evaluating all available options, the Board and its external legal and financial advisors determined that a reverse stock split is the most effective step to maintain our Nasdaq listing. This action gives Show less Read more
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