π£π£ REVERSE SPLIT - $CDT (Conduit Pharmaceuticals Inc), $CVM (Cel-Sci Corp) , and $AVTX.NV (Avantium NV)
Please note that a reverse stock split has taken place for the following stocks:
πΉ$CDT (Conduit Pharmaceuticals Inc) β Reverse split ratio: 1-for-15
πΉ$CVM (Cel-Sci Corp) - Reverse split ratio: 1-for-30
πΉ$AVTX.NV (Avantium NV) - Reverse spli: 1-for-10
π What is a reverse stock split?
A reverse split is a market event where a company decides to consolidate its existing shares into fewer, proportionally more valuable, shares.
The process involves a company reducing the total number of its outstanding shares in the open market according to a certain ratio. For example: if the split ratio is 1:2, then for every two shares previously held, shareholders would now hold a single share.
Subsequently, the price of the share is also adjusted according to the same ratio in order to maintain the same overall value.
π How do we respond to a stock split?
Our policy in response to a split is to adjust the opening rate of the position(s) in question to reflect the new rates. This also ensures that all subsequent profit calculations are proportionately correct. Please be aware that any price changes for the above-mentioned stocks, and changes in holdings of units are due to this adjustment.
π To sum it up, the price of the asset and the number of units on the positions may change, but the value of all relevant positions remains the same.
Thank you,
- The eToroTeam... Show More
We use our own and third-party cookies on our websites to enhance your experience, analyze traffic, and for security and marketing. For more info, see our Cookie Policy or go to Manage Settings.
Privacy Preference Center
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
More information
Manage Consent Preferences
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Cookie List
label
ConsentLeg.Interest
label
label
label
Mon Jun 16 2025 07:38:04 GMT+0000 (Coordinated Universal Time)
