Silexion Therapeutics (NASDAQ:SLXN) has announced a 1-for-9 reverse share split of its ordinary shares.
The reverse share split will become effective after market close on November 27, 2024, and the company’s ordinary shares will begin trading on a split-adjusted basis on the Nasdaq Global Market at market open on November 29, 2024.
The reverse share split is intended to enable SLXN to regain and maintain compliance with Nasdaq’s minimum bid price requirement.