TransCode Therapeutics Approves 1-for-28 Reverse Stock Split to Meet Nasdaq Requirements

Reuters

2025/05/03

TransCode <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Approves 1-for-28 Reverse Stock Split to Meet Nasdaq Requirements

TransCode Therapeutics, Inc. (Nasdaq: RNAZ) has announced a 1-for-28 reverse stock split, approved on May 2, 2025. The split aims to increase the per share trading price to meet Nasdaq's minimum bid price requirements. This will reduce the number of outstanding shares from 23,341,336 to approximately 833,620. The effective date will be announced at least two business days in advance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transcode Therapeutics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE78974) on May 02, 2025, and is solely responsible for the information contained therein.

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(Nasdaq: RNAZ) has announced a 1-for-28 reverse stock split, approved on May 2, 2025. The split aims to increase the per share trading price to meet Nasdaq's minimum bid price requirements. This will reduce the number of outstanding shares from 23,341,336 to approximately 833,620. The effective date will be announced at least two business days in advance.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transcode Therapeutics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE78974) on May 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B64PRP62.GBP","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250502:nNDL3kHGh4:1","article_id":"2532871572","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532871572","pubTimestamp":1746216635,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"TransCode Therapeutics, Inc.  has announced a 1-for-28 reverse stock split, approved on May 2, 2025. 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