{"id":802167,"date":"2025-01-17T15:16:15","date_gmt":"2025-01-17T20:16:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/scorpius-holdings-cancels-planned-reverse-stock-split\/"},"modified":"2025-01-17T15:16:15","modified_gmt":"2025-01-17T20:16:15","slug":"scorpius-holdings-cancels-planned-reverse-stock-split","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/scorpius-holdings-cancels-planned-reverse-stock-split\/","title":{"rendered":"Scorpius Holdings Cancels Planned Reverse Stock Split"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">DURHAM, N.C., Jan.  17, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cZw3ER2xyXrT2LwSIGOVMFNpP4FU65dZBnOYk6evjp6upXh9sTRWE90-vvF_AB8WpLcN2I_o24jgV-xllvKSCnviXWY_t6y8QOmfiQVBE38=\" rel=\"nofollow\" target=\"_blank\"><strong>Scorpius Holdings, Inc<\/strong><\/a> (NYSE American: SCPX) (\u201cScorpius\u201d or \u201cthe Company\u201d), an integrated contract development and manufacturing organization (\u201cCDMO\u201d), today announced that the Company\u2019s planned 1-for-20 reverse stock split (the \u201cReverse Stock Split\u201d) of its common stock (the \u201cCommon Stock\u201d) that was announced yesterday, will not be effectuated.<\/p>\n<p align=\"left\">\n        <strong>Scorpius Holdings, Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Scorpius Holdings, Inc. is an integrated contract development and manufacturing organization (CDMO) focused on rapidly advancing biologic programs to the clinic and beyond. Scorpius offers a broad array of analytical testing, process development, and manufacturing services to pharmaceutical and biotech companies at its state-of-the-art facilities in San Antonio, TX. With an experienced team and new, purpose-built U.S. facilities, Scorpius is dedicated to transparent collaboration and flexible, high-quality biologics biomanufacturing. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9fNi72JdI08EXhuVWaW3Hi_kLVvhNC3uSZGezHI-TxWqcwsG84TeSzbkVBylfvoK7i4p2jyC9GmpGsoCRSr-udkdzdvKGt2TIX0H0kztc7ZhRhr7ZNY8TPbRRYFtFRKo\" rel=\"nofollow\" target=\"_blank\">www.scorpiusbiologics.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Media and Investor Relations Contact<\/strong><br \/>\n        <br \/>David Waldman<br \/>+1 919 289 4017<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NIzSFm4EBOYpMjdrjI5RozIioS5s_LYvZau4XNHV093FNThMq6PjSs5EbZ4DsYqVGyWy4KqA4-7M-bD8Mdkmfzs5Bk9G9WR8hs7sb11ScEU=\" rel=\"nofollow\" target=\"_blank\">ir@scorpiusbiologics.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMzk5NCM2Njk5OTI0IzIwMjg0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTllNzVjMTItYWQyMy00YTI4LTgxZGItMzI5NDlkZWJlMTMwLTEwMzg0Mjc=\/tiny\/Scorpius-Holdings-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DURHAM, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) &#8212; Scorpius Holdings, Inc (NYSE American: SCPX) (\u201cScorpius\u201d or \u201cthe Company\u201d), an integrated contract development and manufacturing organization (\u201cCDMO\u201d), today announced that the Company\u2019s planned 1-for-20 reverse stock split (the \u201cReverse Stock Split\u201d) of its common stock (the \u201cCommon Stock\u201d) that was announced yesterday, will not be effectuated. Scorpius Holdings, Inc. Scorpius Holdings, Inc. is an integrated contract development and manufacturing organization (CDMO) focused on rapidly advancing biologic programs to the clinic and beyond. Scorpius offers a broad array of analytical testing, process development, and manufacturing services to pharmaceutical and biotech companies at its state-of-the-art facilities in San Antonio, TX. With an experienced team and new, purpose-built U.S. facilities, Scorpius is dedicated to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scorpius-holdings-cancels-planned-reverse-stock-split\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Scorpius Holdings Cancels Planned Reverse Stock Split&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-802167","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scorpius Holdings Cancels Planned Reverse Stock Split - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scorpius-holdings-cancels-planned-reverse-stock-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scorpius Holdings Cancels Planned Reverse Stock Split - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DURHAM, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) &#8212; Scorpius Holdings, Inc (NYSE American: SCPX) (\u201cScorpius\u201d or \u201cthe Company\u201d), an integrated contract development and manufacturing organization (\u201cCDMO\u201d), today announced that the Company\u2019s planned 1-for-20 reverse stock split (the \u201cReverse Stock Split\u201d) of its common stock (the \u201cCommon Stock\u201d) that was announced yesterday, will not be effectuated. Scorpius Holdings, Inc. Scorpius Holdings, Inc. is an integrated contract development and manufacturing organization (CDMO) focused on rapidly advancing biologic programs to the clinic and beyond. Scorpius offers a broad array of analytical testing, process development, and manufacturing services to pharmaceutical and biotech companies at its state-of-the-art facilities in San Antonio, TX. 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