Enlivex announces 1-for-16 reverse stock split effective Oct. 27

Enlivex Ltd. has announced a 1-for-16 reverse stock split, effective October 27, 2023. The reverse split will combine 16 ordinary shares into one, with trading on a split-adjusted basis beginning on the effective date under the symbol ENLV. The number of authorized ordinary shares will decrease from 158,333,333 to 9,895,833, while the par value of each share will increase from NIS 6.00 to NIS 96.00.

The reverse split will not affect shareholders' ownership percentages or voting rights, and will be facilitated by VStock Transfer, LLC.

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