Zivo Bioscience to effect reverse stock split to regain compliance with Nasdaq rules

Oct. 26, 2023 9:10 AM ETZIVO Bioscience, Inc. (ZIVO) StockBy: Mary Christine Joy, SA News Editor
New York during the COVID-19 emergency.

Massimo Giachetti

  • Zivo Bioscience (NASDAQ:ZIVO) said on Thursday that the biotech company is set to effect a 1-for-6 reverse stock split to regain compliance with Nasdaq's listing requirements.
  • The reverse stock split is effective 5 PM ET today.
  • The company's board has approved the reverse stock split.
  • The new CUSIP number for the shares is US98978N3098.
  • The reverse stock split will reduce the number of Zivo Bioscience's authorized shares from 150M to 25M.
  • ZIVO shares were trading +3.40% pre-market.
  • Source: Press Release

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