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-0.130434782608696 -0.130434782608696 -0.173913043478261 -0.173913043478261 -0.188405797101449 -0.231884057971014 -0.202898550724638 -0.246376811594203
Stock impact report

Delcath Announces Ratio for Reverse Split Authorization

Delcath Systems, Inc. (DCTH) 
US:NASDAQ Investor Relations: delcath.com/investors
Company Research Source: GlobeNewswire
NEW YORK, May 01, 2018 (GLOBE NEWSWIRE) -- Delcath Systems, Inc. (OTCQB:DCTH), an interventional oncology company focused on the treatment of primary and metastatic liver cancers, announces that the Company’s Board of Directors has authorized a reverse stock split of the Company’s common stock at a ratio of 1-for-500 (the Reverse Stock Split Authorization). The Company’s Board of Directors was authorized to effect the reverse split by shareholder approval of its Consent Solicitation filed with the Securities Exchange Commission (SEC) on February, 26, 2018. The proposal to effect a reverse split was approved by shareholders on April 6, 2018 by a vote of 52.8%. The reverse split will be effected prior to the initiation of trading on May 2, 2018. Beginning with the May 2, 2018 trading date, Delcath’s shares will be designated by the symbol DCTHD for 20 trading days, and thereafter will revert to the symbol DCTH. About Delcath Systems Delcath Systems, Inc. is an interventional oncolo Show less Read more
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