AIkido Announces Reverse Stock Split

Provided By PR Newswire

Last update: Jun 3, 2022

NEW YORK, June 3, 2022 /PRNewswire/ -- AIkido Pharma, Inc. (NASDAQ:AIKI), today announced that the Company's Board of Directors has approved a reverse stock split of its shares of common stock at a ratio of 1 for 17 (the "Reverse Stock Split"). The Reverse Stock Split will become effective at 12:01 a.m. Eastern time on June 7, 2022 and the Company's common stock will open for trading on The Nasdaq Capital Market on a post-split basis on June 7, 2022 under the Company's existing trading symbol "AIKI". At such time, the Company's common stock will also commence trading under a new CUSIP number 0088753043.