Bionovo Announces Reverse Stock Split
August 31, 2010 by · Leave a Comment
EMERYVILLE, Calif., Aug. 30 /PRNewswire-FirstCall/ — Bionovo, Inc. (Nasdaq: BNVI, BNVID) announced today that it will effect a 1-for-5 reverse stock split, that will become effective with the opening of trading on August 31, 2010. The primary objective in effecting a reverse stock split at this time is to better enable the company to maintain the listing of its common stock on The NASDAQ …
