Aptevo Therapeutics Inc. announced amendments to its bylaws to effect a reverse stock split at a 1-for-20 ratio. This change, approved by the Board on May 21, 2025, was filed and became effective on May 23, 2025. The company's stock will trade on a split-adjusted basis on Nasdaq starting May 27, 2025. No fractional shares will be issued.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.