Transcode Therapeutics announces 1-for-33 reverse stock split [Yahoo! Finance]
TransCode Therapeutics, Inc. (RNAZ)
Company Research
Source: Yahoo! Finance
The reverse stock split was approved by TransCode's stockholders on November 22, 2024, and is intended to increase the per share trading price of the Company's common stock to enable the Company to satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The 1-for-33 reverse stock split will automatically convert thirty-three current shares of TransCode's common stock into one new share of common stock. No fractional shares will be issued in connection with the reverse stock split. In lieu of issuing fractional shares, stockholders of record who otherwise would be entitled to receive fractional shares will be entitled to rounding up of the fractional share to the nearest whole number. The reverse split will reduce the number of shares of common stock outstanding from 17,265,658 shares to approximately 523,202 shares. Proportional adjustments also will be made to the exercise prices of TransCode's outstanding stock options and warrants, and to the n
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RNAZ
News
- TransCode Therapeutics, Inc. (NASDAQ: RNAZ) had its price target raised by analysts at HC Wainwright from $3.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- TransCode Therapeutics Announces Safety Review Committee Approval of Opening Third Cohort and Preliminary Results from First Cohort in Phase 1 TTX-MC138 Clinical Trial [Yahoo! Finance]Yahoo! Finance
- TransCode Therapeutics Announces Safety Review Committee Approval of Opening Third Cohort and Preliminary Results from First Cohort in Phase 1 TTX-MC138 Clinical TrialPR Newswire
- TransCode Therapeutics Announces Effective Date for 1-for-33 Reverse Stock SplitGlobeNewswire
- TransCode Therapeutics, Inc. Announces $8 Million Private Placement [Yahoo! Finance]Yahoo! Finance
RNAZ
Sec Filings
- 12/20/24 - Form 8-K
- 12/19/24 - Form PRE
- 12/18/24 - Form EFFECT
- RNAZ's page on the SEC website