BIMI Announces 1-for -10 Reverse Stock Split

Provided By Globe Newswire

Last update: Dec 8, 2022

BIMI intends to use a reverse-stock split to bring the company into compliance with listing requirements of The Nasdaq Capital Market.

NEW YORK, Dec. 08, 2022 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced a 1-for-10 reverse split of its common stock effective December 9, 2022.