Strata Skin Sciences Inc (SSKN) just unveiled an announcement.
Strata Skin Sciences has announced a 1-for-10 reverse stock split, set to take effect on June 6, 2024, to meet Nasdaq’s minimum bid price requirement. The stock will trade under its current symbol, SSKN, with a new CUSIP number starting June 7, 2024. This move follows shareholder approval and aims to maintain the company’s Nasdaq listing, responding to the necessity of keeping the stock price above $1.00.
For an in-depth examination of SSKN stock, go to TipRanks’ Stock Analysis page.