Anebulo Pharmaceuticals Considers Reverse Stock Split Amid Strategic Alternatives Review

Reuters
09/12
Anebulo Pharmaceuticals Considers Reverse Stock Split Amid Strategic Alternatives Review

Anebulo Pharmaceuticals Inc., a clinical-stage biopharmaceutical company, has announced plans to move forward with a proposed reverse stock split as part of its strategic review process. This decision follows the company's exploration of various strategic alternatives, including a potential going private transaction. The Board has emphasized that there is no set deadline for completing the review process, and the reverse stock split may still be abandoned if deemed necessary.

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. Anebulo Pharmaceuticals Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250912026618) on September 12, 2025, and is solely responsible for the information contained therein.

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