Aclarion (ACON) announced that effective before market open on Friday March 28, 2025, it will complete a 1-for-27 reverse stock split of its common stock. On September 23, 2024, the Company’s stockholders approved an amendment to the Company’s Certificate of Incorporation to affect a reverse stock split with the exact ratio to be set by its Board of Directors. The Board resolved to set the reverse stock split at the ratio of 1-for-27. The Company filed an amendment to its Certificate of Incorporation with the Secretary of State in Delaware effective March 27, 2025, at 5:00 p.m. Eastern Time. As a result, every twenty-seven issued shares of common stock will automatically be combined into one share of common stock.
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