FibroGen Inc. Announces 1-for-25 Reverse Stock Split to Boost Share Price

Reuters

06-13

FibroGen Inc. Announces 1-for-25 Reverse Stock Split to Boost Share Price

FibroGen Inc. $(FGEN)$ has announced a 1-for-25 reverse stock split, effective June 16, 2025. The company's common stock will begin trading on a split-adjusted basis on June 17, 2025, under the existing trading symbol "FGEN." This move aims to increase the per-share market price to meet Nasdaq's minimum bid price requirement and reduce the number of outstanding shares from approximately 101.1 million to around 4.0 million.

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. FibroGen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9468087-en) on June 12, 2025, and is solely responsible for the information contained therein.

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ID: GNW9468087-en) on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FGEN","symbol_name":"FibroGen, Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250612:nNDL6x0jJp:1","article_id":"2543425795","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543425795","pubTimestamp":1749758527,"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":"FibroGen Inc.  has announced a 1-for-25 reverse stock split, effective June 16, 2025. 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