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AquaBounty declares 1-for-20 reverse stock split to satisfy NASDAQ requirements

As a result of the reverse split, the number of outstanding shares of common stock will be reduced from approximately 71.4 million to about 3.6m

By Jason Huffman | Oct. 13, 2023 15:00 BST
Photo: AquaBounty Technologies
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AquaBounty Technologies, the world's first commercial grower of genetically engineered salmon, on Friday (Oct. 13) announced that its board of directors has approved a 1-for-20 reverse stock split in order to meet the minimum stock price required to stay on the NASDAQ Capital Market. [...]

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