Vaccinex Inc Stockholders Approve Reverse Stock Split

Vaccinex Inc (VCNX) has released an update.

Vaccinex, Inc. stockholders have given the green light for a significant change in their investment landscape. During a recent special meeting, they overwhelmingly voted in favor of a reverse stock split, allowing the company to consolidate shares at a ratio ranging between one-for-four and one-for-fourteen. This strategic move, aimed at boosting the stock’s value, will be executed at the discretion of the Board of Directors.

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