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0.0220588235294117 -0.00326797385620913 -0.0285947712418301 -0.0351307189542484 -0.0351307189542484 -0.0776143790849673 -0.125 -0.0983333333333334
Stock impact report

Hemispherx Biopharma Stockholders Approve Reverse Stock Split

HEMISPHERX BIOPHARMA (HEB) 
NASDAQ:AMEX Investor Relations: hemispherx.net/mobile/investor-relations.php
Company Research Source: GlobeNewswire
OCALA, Fla., May 31, 2019 (GLOBE NEWSWIRE) -- Hemispherx Biopharma, Inc. (NYSE American: HEB), an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers and immune-deficiency diseases, today announced that its stockholders voted in favor to grant the Board of Directors the authority to effect a reverse stock split of the company’s issued and outstanding shares of Common Stock. The proposal passed by approximately 55% of all issued and outstanding shares and approximately 86% of the shares actually voted were voted in favor of the reverse split. Following the stockholder vote, the Board met and approved a 1-for-44 reverse stock split to achieve a value of approximately $5 per share. The Company anticipates that the reverse stock split will be effective on June 10, 2019, and the Company's common stock will begin trading on a split-adjusted basis on June 11, 2019. “The favorable vote by stockholders and subsequent reverse spli Show less Read more
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