What happened to atxi stock?

Starting with that reverse stock split, the company consolidated 15 shares of ATXI stock into a single share. This boosts the price of the company’s stock, which helps it avoid the delisting of its shares from the Nasdaq. ATXI stock was previously in danger of being delisted from the Nasdaq due to its price being below $1 per share.

Why is atxi (atxi) at its highest level since Q1?

This move comes just days after the company announced a reverse stock split and a key update on its intravenous Tramadol product candidate. Shares initially surged during Thursday’s session, before giving up most of their gains. That said, today’s move has taken ATXI to its highest level since the first quarter of this year.

Does Davidow own atxi?

According to a filing with the Securities and Exchange Commission (SEC), Davidow now holds a 14.5% stake in the specialty pharmaceutical company. This comes from a total of 1,926,800 shares of ATXI stock held by Davidow and other individuals. The company had 13,247,622 shares outstanding as of Nov. 8.