Palisade Bio Announces 1-for-15 Reverse Stock Split
Palisade Bio, Inc. (PALI)
Company Research
Source: GlobeNewswire
Carlsbad, CA, April 03, 2024 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI), (“Palisade”, “Palisade Bio” or the “Company”), a biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases, today announced a 1-for-15 reverse split of its common stock, par value $0.01 (“Common Stock”), effective at 5:00 PM ET on Friday April 5, 2024. Beginning on Monday, April 8, 2024, the Company’s Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) on a split adjusted basis under the trading symbol “PALI,” but will trade under the following new CUSIP number starting April 8, 2024: 696389402. The reverse stock split was approved by Palisade Bio’s stockholders at the virtual special meeting of stockholders held on March 25, 2024. The reverse stock split is primarily intended to increase the Company’s per share trading price and bring the Company into compliance with the Nasdaq’s
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PALI
News
- Palisade Bio Announces $4 Million Private Placement Priced At-The- Market Under Nasdaq Rules [Yahoo! Finance]Yahoo! Finance
- Palisade Bio Announces $4 Million Private Placement Priced At-The- Market Under Nasdaq RulesGlobeNewswire
- Palisade Bio, Inc. (NASDAQ: PALI) had its "buy" rating re-affirmed by analysts at Maxim Group. They now have a $22.50 price target on the stock.MarketBeat
- Palisade Bio's Lead Product Candidate, PALI-2108 Demonstrates Potent Anti-Inflammatory Effects in Ex-Vivo Study of Whole Blood Samples Challenged with Pro-Inflammatory Lipopolysaccharide (LPS) [Yahoo! Finance]Yahoo! Finance
- Palisade Bio’s Lead Product Candidate, PALI-2108 Demonstrates Potent Anti-Inflammatory Effects in Ex-Vivo Study of Whole Blood Samples Challenged with Pro-Inflammatory Lipopolysaccharide (LPS)GlobeNewswire
PALI
Sec Filings
- 5/3/24 - Form 8-K
- 4/10/24 - Form 8-K
- 3/29/24 - Form S-3
- PALI's page on the SEC website