Assertio holdings, inc. announces 1-for-4 reverse stock split

Lake forest, ill., may 17, 2021 (globe newswire) -- assertio holdings, inc. (“assertio” or the “company”) (nasdaq: asrt) today announced that it has filed a certificate of amendment to its certificate of incorporation (the “certificate of amendment”) to implement a one-to-four reverse split of its issued and outstanding common stock (the “reverse split”). the reverse split will become effective as of 12:01 a.m. eastern time on may 18, 2021, and the company's common stock will begin trading on a split-adjusted basis when the market opens on may 18, 2021.
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