Rennova Health (NSDQ:RNVA) said today that it will effect a 1:15 reverse stock split of its outstanding common stock on Oct. 5. The top level chiropractic care said it expects that the reverse split will help it meet the $1.00 minimum bid price requirement for the Nasdaq market. Based on the number of shares currently outstanding, […]
Rennova Health announces $2m private placement, restructured debt
Rennova Health today announced $2.1 million in private placements as well as repayment and restructuring of its existing debt. The West Palm Beach, Fla.-based company said it inked a securities purchase agreement with with certain institutional investors, issuing $2.6 million in aggregate principal amount of senior secured original issue discount convertible debentures due 2 years from […]
Rennova to spin off advanced molecular services biz
Rennova Health (NSDQ:RNVA) said today that it plans to spin off its advanced molecular services division into an independent, publicly-traded company. The spin-off is slated to take place at the end of September. Rennova’s board has also cleared the spin-off of its health technology solutions arm in a similar deal, according to the company. Get the […]
Rennova Health initiates 1-for-30 reverse stock split
Rennova Health said it is initiating a 1-for-30 reverse stock split, set to go into effect Feb. 22. The split from the West Palm Beach, Fla.-based company will put 1 single share of stock in the hands of shareholders for every 30 shares they currently own. Any fractional shares will be rounded up to the […]
Angiodynamics CFO Frost resigns, moves to Analogic | Personnel Moves
AngioDynamics (NSDQ:ANGO) said today its CFO and exec veep Mark Frost resigned from his position to join Analogic (NSDQ:ALOG) as senior veep, treasurer & CFO. AngioDynamic’s veep and global controller Michael Trimach will serve as Interim CFO as the company searches for a permanent replacement. The Albany, N.Y.-based company said Frost will stay on to facilitate a smooth […]
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