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Tivic Health Systems, Inc. Announces Reverse Stock Split

1. Tivic Health announced a 1-for-17 reverse stock split. This action aims to maintain Nasdaq listing compliance.

-23.51%Current Return
VS
-0.63%S&P 500
$0.339903/05 09:04 AM EDTEvent Start

$0.2603/06 03:30 PM EDTLatest Updated
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FAQ

Why Bearish?

Reverse stock splits can signal financial distress; historical examples show negative impacts on price. Companies often face scrutiny post-split, which can further affect investor sentiment.

How important is it?

The reverse split directly affects TIVC's stock structure and investor perceptions, altering market viability consideration.

Why Short Term?

The immediate reaction to the reverse split may affect TIVC's stock price quickly, especially in trading following the announcement.

Related Companies

FREMONT, Calif.--(BUSINESS WIRE)--Tivic Health® Systems, Inc. (Nasdaq: TIVC) (“Tivic Health” or the “Company), a diversified therapeutics company, announced today that its Board of Directors has declared a 1-for-17 reverse stock split of the Company's issued and outstanding shares of common stock. The purpose of the reverse stock split is to bring the Company into compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market (“Nasdaq”), and is part of the.

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