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Seelos to Implement 1-for-30 Reverse Stock Split

By Robb M. Stewart

Seelos Therapeutics’ board has given the green light to a 1-for-30 reverse stock split in an effort to regain compliance with Nasdaq’s minimum bid price requirement of $1 a share.

The clinical-stage biopharmaceutical company, which last month hired Canaccord Genuity to help with a review of potential partnerships, collaborations…

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