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.
For further insights into VCNX stock, check out TipRanks’ Stock Analysis page.