BerGenBio ASA Completes Reverse Share Split

BerGenBio ASA (BRRGD) has released an update.

BerGenBio ASA, a Norwegian biopharmaceutical company, has successfully completed a reverse share split at a ratio of 100:1, resulting in a new share capital structure with 39,087,116 shares valued at NOK 10 each. The company, listed on the Oslo Stock Exchange under the ticker BGBIO, is advancing its lead candidate bemcentinib, targeting AXL for the treatment of aggressive diseases including certain cancers and severe respiratory infections.

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