BioRestorative Therapies Announces Reverse Stock Split
BioRestorative Therapies announced that its Board of Directors approved a 1-for-20 reverse stock split of its common stock, effective as of 4:30 p.m. Eastern Time on September 7, 2026. The stock will begin trading on a split-adjusted basis on Nasdaq on September 8, 2026, under the symbol "BRTX" with a new CUSIP number.
Why it matters — The reverse stock split is intended to help BioRestorative Therapies regain compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing.