Kazia Therapeutics Announces One-for-Five Reverse ADS Split to Maintain Nasdaq Compliance

Reuters

05/15

<a href="https://laohu8.com/S/KZA.AU">Kazia Therapeutics</a> Announces One-for-Five Reverse ADS Split to Maintain Nasdaq Compliance

Kazia Therapeutics Limited has announced a change in the ratio of its American Depositary Shares (ADSs) to Ordinary Shares, effective April 17, 2025. The adjustment changes one ADS from representing one hundred Ordinary Shares to five hundred Ordinary Shares, effectively a one-for-five reverse ADS split. This move was made to maintain compliance with Nasdaq's minimum bid price requirement.

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. Kazia Therapeutics Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-120331), on May 15, 2025, and is solely responsible for the information contained therein.

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The adjustment changes one ADS from representing one hundred Ordinary Shares to five hundred Ordinary Shares, effectively a one-for-five reverse ADS split. This move was made to maintain compliance with Nasdaq's minimum bid price requirement.\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. <a href=\"https://laohu8.com/S/NVGNF\">Kazia Therapeutics Limited</a> published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-120331), on May 15, 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":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL2GywRL:1","article_id":"2535421842","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535421842","pubTimestamp":1747311349,"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":"Kazia Therapeutics Limited has announced a change in the ratio of its American Depositary Shares  to Ordinary Shares, effective April 17, 2025. 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The adjustment changes one ADS from representing one hundred Ordinary Shares to five hundred Ordinary Shares, effectively a one-for-five reverse ADS split. This move was made to maintain compliance with Nasdaq's minimum bid price requirement.\n      \n\nDisclaimer: 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. Kazia Therapeutics Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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