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0.00962309542902965 -0.0636193531141407 -0.0590751136059877 -0.0644212777332264 -0.0906174819566962 -0.0906174819566962 -0.0590751136059877 -0.117882919005614
Stock impact report

ASTROTECH ANNOUNCES REVERSE STOCK SPLIT

Astrotech Corporation (ASTC) 
US:NASDAQ Investor Relations: astrotechcorp.com/#!for-investors/c22sj
Company Research Source: GlobeNewswire
AUSTIN, Texas, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”), a mass spectrometry company that launches, manages, and commercializes scalable companies based on its innovative core technology, today announced that it has filed a third amendment to its Certificate of Incorporation to effect a reverse stock split of its common stock at a ratio of 1-for-30 (the “Charter Amendment”). The reverse stock split will become effective at 12:01 a.m. Eastern Time on December 5, 2022. Astrotech’s common stock is expected to begin trading on a split-adjusted basis on The Nasdaq Capital Market when the market opens on December 5, 2022, under the existing trading symbol “ASTC.” The reverse stock split is primarily intended to enable the Company to regain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. The new CUSIP number for the Company’s common stock following the reverse stock split w Show less Read more
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