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0 0 0.0612244897959183 0.102040816326531 0.102040816326531 -0.0102020408163267 0.0202040816326529 0.070612244897959
Stock impact report

NRx Pharmaceuticals Announces Reverse Stock Split to Maintain Nasdaq Listing [Yahoo! Finance]

NRX Pharmaceuticals, Inc. (NRXP) 
Company Research Source: Yahoo! Finance
RADNOR, Pa. March 28, 2024 /PRNewswire/ -- NRx Pharmaceuticals, Inc. (Nasdaq: NRXP) ("NRx Pharmaceuticals", the "Company"), a clinical-stage biopharmaceutical company, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 10 pre-split shares. The reverse stock split will become effective at 4:30 p.m. Eastern Time on Monday , April 1, 2024. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol NRXP and will begin trading on a split-adjusted basis when the market opens on Tuesday, April 2, 2024. The new CUSIP number for the Company's common stock following the reverse stock split will be 629444209. "Given the company's progress over the past year, we have received consistent guidance from investors, analysts, and financial advisors that our shareholders are best served by establishing a share price that is within the charter of institutional investors and not subject Show less Read more
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