ProMIS Neurosciences to execute 1-for-25 reverse stock split

* ProMIS Neurosciences (PMN [https://seekingalpha.com/symbol/PMN]) plans to implement a one-for-twenty-five reverse stock split of the company’s common shares on November 28, 2025.
* The reverse stock split is intended to increase the market price of the company’s common shares and cure the deficiency in the bid price rule. On January 8, 2025, ProMIS received a deficiency letter from Nasdaq notifying the company that the closing bid price of its common shares had not been maintained at the minimum required closing bid price of at least $1.00 per share for the last 30 consecutive business days.
* PMN --18.8% premarket to $0.341
* Source: Press Release [https://seekingalpha.com/pr/20318174-promis-neurosciences-announces-reverse-stock-split]
MORE ON PROMIS NEUROSCIENCES
* Seeking Alpha’s Quant Rating on ProMIS Neurosciences [https://seekingalpha.com/symbol/PMN/ratings/quant-ratings]
* Historical earnings data for ProMIS Neurosciences [https://seekingalpha.com/symbol/PMN/earnings]
* Financial information for ProMIS Neurosciences [https://seekingalpha.com/symbol/PMN/income-statement]
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