CollPlant to Implement 1-for-10 Reverse Stock Split
MT newswire2026/09/01 20:52Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:52 PM EDT, 09/01/2026 (MT Newswires) -- CollPlant Biotechnologies (CLGN) said Tuesday that its board approved a 1-for-10 reverse share split of its ordinary shares, effective Friday. The company is implementing the reverse split to regain compliance with Nasdaq's minimum bid price requirement, following shareholder approval at an extraordinary general meeting on Aug. 18. CollPlant shares were down more than 14% in after-hours trading.
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