Tenax Therapeutics Announces Reverse Stock Split

December 29, 2023

https://www.globenewswire.com/news-release/2023/12/29/2802054/0/en/Tenax-Therapeutics-Announces-Reverse-Stock-Split.html

CHAPEL HILL, N.C., Dec. 29, 2023 (GLOBE NEWSWIRE) — Tenax Therapeutics, Inc. (Nasdaq:TENX), a specialty pharmaceutical company focused on identifying, developing and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical need, announced today that it will be executing a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-80. The reverse stock split will become effective at 5:00 pm Eastern Time on January 2, 2024. The Company’s common stock will begin trading on the Nasdaq Capital Market on a split-adjusted basis beginning upon market open on January 3, 2024, under the Company’s existing trading symbol “TENX”.

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