Aditxt announces 1-for-250 reverse stock split effective March 17

Aditxt (ADTX) announced that it will effect a 1-for-250 reverse split of its common stock. Commencing with the opening of trading on the Nasdaq Capital Market on March 17, 2025, the company’s common stock will trade on a post-split basis under the same symbol ADTX. The reverse stock split was approved by the company’s stockholders at the special meeting held on February 28, 2025, with the final ratio determined by the company’s board of directors. As a result of the reverse stock split, the CUSIP number for the Company’s common stock will now be 007025802. As a result of the reverse stock split, every 250 shares of issued and outstanding common stock will be exchanged for 1 share of common stock, with any fractional shares being rounded up to the next higher whole share. Immediately after the reverse stock split becomes effective, the company will have approximately 1,031,110 shares of common stock issued and outstanding. The reverse stock split is primarily intended to bring the company into compliance with Nasdaq’s minimum bid price requirement.