Nutex health announces that it has obtained approval from its shareholders to effect a reverse stock split

Company expects to regain compliance with nasdaq's minimum bid requirement before july 22, 2024 houston , june 19, 2024 /prnewswire/ -- nutex health inc. ("nutex health" or the "company") (nasdaq: nutx), a physician-led, technology-enabled integrated healthcare delivery system comprised of 21 state-of-the-art micro hospitals in nine states and primary care-centric, risk-bearing physician networks, announced that during its annual shareholder meeting yesterday, it obtained approval from its shareholders to effect a reverse stock split of between 1-for-2 to 1-for-16. on june 14, 2024, the company received notice from the nasdaq stock market llc ("nasdaq") that a nasdaq hearings panel had granted the company an exception until july 22, 2024 to effect a reverse stock split of its common stock once approved by its board of directors and the company's stockholders.
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