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Stock impact report

Cancer Genetics Announces 1-for-30 Reverse Stock Split

CANCER GENETICS (CGIX) 
Last cancer genetics earnings: 11/19 04:16 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cancergenetics.com
Company Research Source: GlobeNewswire
RUTHERFORD, N.J, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Cancer Genetics, Inc. (Nasdaq: CGIX), a leader in drug discovery and preclinical oncology and immuno-oncology services, today announced that it will effect a 1-for-30 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on Friday, October 25, 2019. The reverse stock split is intended to increase the per share trading price of Cancer Genetics’ common stock to satisfy the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market (Rule 5550(a)(2)). Cancer Genetics’ common stock will continue to trade on The Nasdaq Capital Market under the symbol “CGIX” and under a new CUSIP number, 13739U203. As a result of the reverse stock split, every 30 pre-split shares of common stock outstanding will become one share of common stock. The par value of the Company’s common stock will remain unchanged at $0.0001 per share after the reverse s Show less Read more
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