Artelo Biosciences to Implement 6-for-1 Reverse Stock Split; Shares Down

MT Newswires Live

2025/06/11

Artelo Biosciences (ARTL) said Wednesday it will implement a 6-for-1 reverse stock split to boost the per-share price of its common stock to meet the required minimum of $1 per-share closing bid price for continued listing on Nasdaq.

The company said its common shares will start trading on a split-adjusted basis on the exchange at market open on Friday.

Artelo shares fell nearly 4% in recent trading.

Price: 1.09, Change: -0.04, Percent Change: -3.54

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