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Stock impact report

InVivo Therapeutics Provides Business Update

InVivo Therapeutics Holdings Corp. (NVIV) 
Last invivo therapeutics holdings corp. earnings: 5/7 04:30 pm Check Earnings Report
Company Research Source: Business Wire
Announces Reverse Stock Split and Key Cost-Saving Initiatives CAMBRIDGE, Mass.--(BUSINESS WIRE)-- InVivo Therapeutics Holdings Corp. (Nasdaq:NVIV) today provided a general business update. The company is announcing a 1-for-25 reverse stock split of its common stock and a proportionate reduction in its authorized common stock. The company anticipates the reverse stock split will become effective at 5:00 p.m. Eastern Time on April 16, 2018, and shares of InVivo Therapeutics common stock will trade on a post-split basis under the Company's existing trading symbol, "NVIV," at the market open on April 17, 2018. The new CUSIP number for the Company's common stock following the reverse stock split will be 46186M 407. At the effective time of the reverse stock split, every 25 shares of InVivo Therapeutics common stock will be combined into 1 share of InVivo Therapeutics common stock. In connection with the re Show less Read more
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