SeaStar Medical Announces 25-for-1 Reverse Stock Split
SeaStar Medical Holding Corporation (ICU)
Company Research
Source: GlobeNewswire
DENVER, June 06, 2024 (GLOBE NEWSWIRE) -- SeaStar Medical Holding Corporation (Nasdaq: ICU), a medical device company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, announces the Company’s 25-for-1 reverse stock split, which will become effective at June 7, 2024 at 5:00 PM EDT. The Company’s common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market (Nasdaq) effective with the open of the market on June 10, 2024. SeaStar Medical’s stock will continue to trade under the ticker symbol “ICU.” Authorization for the reverse stock split was approved by the Company’s stockholders at SeaStar Medical’s 2023 Special Meeting of Stockholders held on September 6, 2023. The objective of the reverse stock split is to increase the market price for the Company’s common stock to, among things, enable the Company to regain compliance with the $1.00 minimum bid price requirement under applicable Nasdaq Listing Rules. The
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ICU
News
- SeaStar Medical’s Selective Cytopheretic Device Featured in Two Presentations at the 42nd Vicenza Course AKI-CRT-ECOS and Critical Care NephrologyGlobeNewswire
- Article in Nature Scientific Reports Describes Mechanism of Action of SeaStar Medical’s Selective Cytopheretic Device in the Immunomodulation of Excessive InflammationGlobeNewswire
- SeaStar Medical to Present at the Virtual Emerging Growth Conference on June 12, 2024GlobeNewswire
- Manuscript Published on Multiorgan Failure Patients Treated with SeaStar Medical’s Selective Cytopheretic Device Who Achieved Transplant EligibilityGlobeNewswire
- SeaStar Medical Reports First Quarter 2024 Financial Results and Provides a Business UpdateGlobeNewswire
ICU
Sec Filings
- 6/14/24 - Form 3
- 6/11/24 - Form 8-K
- 6/4/24 - Form 8-K
- ICU's page on the SEC website