Psyence Biomedical Announces Effective Date for 1-for-75 Share Consolidation
Psyence Biomedical Ltd. - Ordinary Shares (PBM)
Company Research
Source: GlobeNewswire
NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence Biomed” or the “Company”) today announced an effective date for its previously-announced share consolidation. At its Annual General and Special Meeting of Shareholders, which was held on November 12, 2024, Psyence Biomed’s shareholders approved a consolidation of the Company’s common shares at a ratio of up to 1 common share for every 75 common shares held, with the final ratio to be determined by the Company’s board of directors (the “Board”). Also, as previously announced, the Board approved a 1-for-75 consolidation of its outstanding common shares. The Company's common shares will begin trading on a post-consolidated basis at the opening of the market on Tuesday, November 26, 2024. Following the consolidation, the Company's common shares will continue to trade under the symbol 'PBM' with the new CUSIP number 74449F209. The consolidation is part of the Company's plan to regain compliance w
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News
- Psyence Biomedical Announces Favorable Result of Nasdaq Listing Qualifications Hearing [Yahoo! Finance]Yahoo! Finance
- Psyence Biomedical Announces Favorable Result of Nasdaq Listing Qualifications HearingGlobeNewswire
- Psyence Biomedical Announces Effective Date for 1-for-75 Share Consolidation [Canadian Business Journal (Canada)]Canadian Business Journal
- Psyence Biomedical Announces Effective Date for 1-for-75 Share Consolidation [Yahoo! Finance]Yahoo! Finance
- Psyence Biomedical Announces Results from Annual and Special General Meeting, Share Consolidation and Receipt of Additional Staff Determination from NasdaqGlobeNewswire
PBM
Sec Filings
- 11/22/24 - Form 6-K
- 11/13/24 - Form SC
- 11/12/24 - Form 6-K
- PBM's page on the SEC website