NEW YORK, NY, April 25, 2018 (GLOBE NEWSWIRE) — Tauriga Sciences, Inc. (OTC PINK: TAUG) (“Tauriga” or the “Company”), engaged in building its business through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities and other investments, today announced that its Board of Directors (“Board”) has approved and ratified a reverse stock split of its common stock on a 1 for 75 basis. For example, 750,000 pre-split common shares of TAUG will be reduced to 10,000 post-split shares, with a simultaneous and immediate initial increase in its trading price by 75 times its then current per share value.
Tauriga Sciences Inc. Board of Directors Approves 1 for 75 Reverse Split, Reducing Its Outstanding Common Stock to Approximately 52,300,000 Shares With a Proportional Reduction of Its Authorized Common Stock to 100,000,000 Shares
by GlobeNewsWire | Apr 25, 2018 | Globe Newswire