Arch Therapeutics announces 1-for-200 reverse stock split

Arch Therapeutics announced that it will effect a 1-for-200 reverse stock split of its outstanding and authorized common stock, effective at 5:00 p.m. on January 17, 2023. Arch’s common stock will continue to trade on the OTCQB under the symbol "ARTHD" and under a new CUSIP number, 03939W 208. Arch’s common stock will begin trading on a reverse stock split-adjusted basis on the OTCQB when the market opens on January 18, 2023.