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Stock impact report

Glucotrack Announces Reverse Stock Split

GlucoTrack, Inc. (GCTK) 
Company Research Source: GlobeNewswire
RUTHERFORD, N.J., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK) (“Glucotrack” or the “Company”), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced that it will effect a 1-for-20 reverse stock split (the “Reverse Stock Split”) of its issued and outstanding common stock par value $0.001 per share (the “Common Stock”), effective with the opening of trading on Tuesday, February 4, 2025. Glucotrack’s Common Stock will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “GCTK”. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 45824Q705. The material effects of the Reverse Stock Split are: Every 20 shares of Glucotrack’s issued and outstanding Common Stock have been combined into one (1) share of Common Stock.The number of outstanding shares of Common Stock has been proportionally reduced from 155,491,473 shares to Show less Read more
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