From Financial Modeling Prep: 2025-05-22 16:06:00

Conduit Pharmaceuticals Inc. (NASDAQ:CDT) recently underwent a reverse stock split at a ratio of 15 for 1 on May 20, 2025, following approval from the company’s board and stockholders at a Special Meeting on May 5, 2025.

The reverse stock split became effective on May 19, 2025, at 5:00 pm Eastern Time, with CDT’s common stock now trading on a split-adjusted basis on the Nasdaq Global Market under the same ticker symbol.

CDT’s current stock price stands at $4.60, showing a decrease of approximately 2.56% or $0.12, with a daily trading range between $4.20 and $4.68. The company’s market capitalization is around $3.48 million, reflecting its total value in the market, with a trading volume of 43,023 shares on the NASDAQ exchange.



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