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Benzinga
Benzinga
Business
Fermin Orgambide

Mydecine Announces 1-for-50 Reverse Stock Split

Mydecine

The board of directors of Mydecine Innovations Group Inc. (OTCPK:MYCOF) voted in favor of completing a reverse stock split. With this action, the company will consolidate all issued and outstanding shares on a base of 1-for-50.

According to Mydecine, the consolidation is expected to reduce the number of common shares from 268,515,954 to  5,370,319.

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