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Arch announces 1-for-200 reverse stock split

  • Arch Therapeutics (OTCQB:ARTH) said it had approved a 1-for-200 reverse stock split of its outstanding and authorized common stock.
  • Arch’s common stock will continue to trade on the OTCQB under the symbol “ARTHD."
  • The reverse stock split was implemented by the Company in connection with its application to uplist the Company’s common stock to a national exchange. The reverse stock split is intended to fulfill the stock price requirements for initial listing on a national exchange.

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Arch Therapeutics, Inc.