Implanet launched a reverse stock split on an exchange basis of 40 existing shares for one new share.
1. The reverse stock split notice was published on the French official bulletin of legal notices on Dec. 16, 2019, and began Jan. 2, 2020. It will last until Jan. 31 and become effective on Feb. 3.
2. There will be 68.69 million shares consolidated with a par value of 1 cent.
3. Implanet expects 1.72 million shares with a par value of 45 cents post-consolidation.