Sientra falls on reverse stock split plan
20/01/2023 18:55
** Shares of medical aesthetics co Sientra Inc SIEN.O fall
5.5% to 20 cents
** Co announces 1-for-10 reverse stock split of its shares
** Shares expected to commence trading on a split-adjusted
basis on Jan. 23 - SIEN
** Reverse stock split to enable the co to meet minimum bid
price requirement of Nasdaq Global Market - SIEN
** Including session moves, SIEN has fallen ~93% in the past
12 months
(Reporting by Mariam E Sunny)
((Mariam.ESunny@thomsonreuters.com;))
Recent news on Project Sage Oldco
See all newsBrief: Sientra Says Bankruptcy Court Entered An Order Approving Dip Credit Agreement On An Interim Basis On Feb 14
Brief: Sientra To Pursue Strategic Sale Of Its Business Through Voluntary Chapter 11 Process
U.S. STOCKS ON THE MOVE-premarket
Brief: Sientra Files For Voluntary Chapter 11 Bankruptcy In The U.S. - Court Filing
Brief: Sientra Says Co Entered Into Amendment No. 2 To Temporary Waiver And Exchange Agreement And Temporary Amendment To Facility Agreement