Impedance cardiography (ICG) developer CardioDynamics of San Diego has announced a reverse stock split to maintain its Nasdaq listing, the company said.
The reverse split of one for seven shares was approved May 8; trading in postsplit shares begins May 9. The company's stock will trade under the symbol "CDICD" for a period of approximately 20 trading days following the implementation of the reverse split to denote the transaction. After that time period, the trading symbol will revert to "CDIC."
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