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HCW Biologics Announces 1-for-6 Reverse Stock Split Effective on June 30, 2026
GlobeNewswire Inc.·
HCW Biologics Inc. (NASDAQ: HCWB) announced a 1-for-6 reverse stock split effective June 30, 2026, to ensure compliance with Nasdaq's minimum bid price rule following a Hearings Panel decision. The company successfully maintained stock prices above $1.00 per share for the required 20 trading days and will reduce outstanding shares from approximately 9.6 million to 1.6 million.
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