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Forte Biosciences将于2024年8月28日除权除息,25股合为1股

Forte Biosciences To Carry Out 1-for-25 Reverse Stock Split On August 28th, 2024

Futu News ·  Aug 27 07:40

August 26th (Eastern Time) - $Forte Biosciences (FBRX.US)$ is about to implement a 1-for-25 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from August 28th, 2024.

$Forte Biosciences (FBRX.US)$ slipped 0.75% and closed at $0.3166 on August 23rd with a turnover of $124.28K. $Forte Biosciences (FBRX.US)$ now has a total market capitalization of $11.55 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

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