HCWB is trading at $5.29 (6% up) in after-hours trading after implementing a 1-for-6 reverse stock split and regaining Nasdaq bid-price compliance.
- The Nasdaq Hearings Panel found the company compliant on June 29, resolving previous concerns regarding its listing status.
- Nasdaq is now listing the 1-for-6 split, driving heightened investor interest and sharp price moves around the new share structure.