ContraVir Pharmaceuticals, Inc. Announces Reverse Stock Split
CONTRAVIR PHARMACEUTICALS INC (CTRV)
US:NASDAQ Investor Relations:
ir.contravir.com/investor-relations
Company Research
Source: GlobeNewswire
EDISON, N.J., May 24, 2018 (GLOBE NEWSWIRE) -- ContraVir Pharmaceuticals, Inc. (NASDAQ:CTRV), a biopharmaceutical company focused on the development and commercialization of therapeutic drugs for the treatment of hepatitis B virus (HBV) announced today, a reverse split of its common stock, $0.0001 par value, at a ratio of 1 for 8, effective May 25, 2018 (the “Effective Date”). The company’s common stock will begin trading on a split-adjusted basis when the markets open on May 29, 2018 under the existing trading symbol “CTRV.” The reverse stock split is primarily intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq Capital Market. The new CUSIP number for the common stock following the reverse split will be 21234W 202. As a result of the reverse split, each 8 pre-split shares of common stock outstanding will automatically combine into one new share of common stock without any action on the part of the holders
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