Gaxos.ai Inc. Announces a 1:12 Reverse Stock Split Effective Pre-Market Opening on March 8, 2024
Gaxos.ai Inc. (GXAI)
Company Research
Source: GlobeNewswire
Roseland, NJ, March 06, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. (NASDAQ: GXAI), (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, today announced that it will effect a 1-for-12 reverse split of its issued and outstanding common stock effective as of 4:01pm Eastern Time on March 7, 2024. Commencing with the opening of trading on The Nasdaq Capital Market on March 8, 2024, the Company’s common stock will trade on a post-split basis under the same trading symbol, “GXAI”. As a result of the reverse stock split, the CUSIP number for the Company’s common stock will be 62911P 300. As a result of the reverse stock split, every 12 shares of issued and outstanding common stock will be exchanged for 1 share of common stock, with any fractional shares being rounded up to the next higher whole share. Immediately after the reverse stock split becomes effective, the Company will have approximately 981,523 shares of common stock is
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GXAI
News
- Gaxos Health Expands Medical Advisory BoardGlobeNewswire
- Gaxos.ai Regains Compliance with Nasdaq Listing RequirementsGlobeNewswire
- Gaxos.ai Inc. Announces Closing of $3.5 Million Private Placement Priced At-The-Market under Nasdaq RulesGlobeNewswire
- Gaxos.ai Inc. Announces $3.5 Million Private Placement Priced At-The-Market under Nasdaq RulesGlobeNewswire
- Gaxos Acquires Rights to AI-enabled Technology from Top Biohacking AppGlobeNewswire
GXAI
Sec Filings
- 4/18/24 - Form 424B3
- 4/17/24 - Form EFFECT
- 4/4/24 - Form S-3
- GXAI's page on the SEC website