Lunai Bioworks Announces 10-for-1 Reverse Stock Split, Trades Under New Ticker "LNAI
Reuters
Sep 30
Lunai Bioworks Announces 10-for-1 Reverse Stock Split, Trades Under New Ticker "LNAI
Lunai Bioworks Inc. (Nasdaq: LNAI) has completed a 10-for-1 reverse stock split, reducing its outstanding shares from approximately 231.8 million to 23.2 million. The move is aimed at enhancing capital efficiency and meeting Nasdaq's minimum bid price requirements, following the company's recent rebranding and strategic focus on AI-powered therapeutics and biodefense.
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