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BiomX Sets One-for-ten Reverse Stock Split

August 15, 2024 — 07:02 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - BiomX Inc. (PHGE), a clinical-stage biopharmaceutical company, Thursday announced a one-for-ten reverse stock split effective August 26.

The stock split, which is already approved by the company's shareholders, will reduce its shares to about 17.9 million from 178.96 million.

BiomX shares were down more than 4 percent in pre-market to $0.1750.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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