Psychemedics Corporation Announces Reverse and Forward Stock Split
Psychemedics Corporation (PMD)
US:NASDAQ Investor Relations:
investors.psychemedics.com
Company Research
Source: GlobeNewswire
DALLAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Psychemedics Corporation (Nasdaq: PMD) (the “Company”), the world’s leading provider of hair testing for drugs of abuse, today announced that, following the approval of the Company’s stockholders at its Annual Meeting of Stockholders held on November 25, 2024, the Company’s Board of Directors has approved a 1-for-5,000 reverse stock split of its common stock (the “Reverse Stock Split”) followed immediately by a 5,000-for-1 forward stock split of its common stock (the “Forward Stock Split,” and together with the Reverse Stock Split, the “Stock Split”), to be effective at 5:01 p.m. and 5:02 p.m., Eastern Time, respectively, on Tuesday, December 3, 2024. Beginning with the opening of trading on Wednesday, December 4, 2024, the Company’s common stock will continue to trade on the Nasdaq Capital Market on a post-Forward Stock Split basis under the existing symbol “PMD”. Stockholders who hold fewer than 5,000 shares immediately prior to the Rever
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News
- Psychemedics Corporation Announces Reverse and Forward Stock Split [Yahoo! Finance]Yahoo! Finance
- Psychemedics Corporation Reminds Stockholders to Cast Their Votes for Upcoming Annual Meeting of Stockholders [Yahoo! Finance]Yahoo! Finance
- Psychemedics Corporation Reminds Stockholders to Cast Their Votes for Upcoming Annual Meeting of StockholdersGlobeNewswire
- Psychemedics Third Quarter 2024 Earnings: US$0.091 loss per share (vs US$0.36 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Psychemedics Corporation Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
PMD
Sec Filings
- 12/13/24 - Form 25
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- PMD's page on the SEC website