SANGRIX INC. Announces 1-for-8 Reverse Stock Split Effective November 16, 2026
Globe Newswire•12/11/2026•08:00 ET
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Key Highlights
- ➤SANGRIX (SGRX) announces 1-for-8 reverse stock split effective November 16, 2026
- ➤Class A shares decrease from 4,035,192 to approximately 504,399
- ➤Class B shares decrease from 96,043 to approximately 12,006
- ➤Reverse-split-adjusted trading begins November 16; ticker remains SGRX
- ➤New CUSIP number is G21621142
Expert Statements
Jinghai Jiang, Chairman and Chief Executive Officer of SANGRIX INC.
“No qualifying direct quote or clearly attributed statement appears in the article.”
SINGAPORE, Nov. 12, 2026 (GLOBE NEWSWIRE) -- SANGRIX INC. (NASDAQ: SGRX) (“SANGRIX” or the “Company”) today announced that its Class A ordinary shares and Class B ordinary shares will undergo a 1-for-8 reverse stock split (the “Reverse Stock Split”).
The Company’s Class A ordinary shares are expected to commence reverse-split-adjusted trading on the Nasdaq Capital Market at market opening on November 16, 2026. The ticker symbol will remain “SGRX,” and the new CUSIP number will be G21621142.
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