BioMedNewsBreaks — CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Reverse Stock Split

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, today announced a 1-for-50 reverse split of its common stock, effective at 4:01 p.m. ET on June 4, 2024. According to the update, beginning on June 5, 2024, the companyโ€™s common stock will continue to trade on the Nasdaq Capital Market on a split adjusted basis under the trading symbol CNSP, but will trade under the following new CUSIP number: 18978H300. The move is primarily intended to increase CNSPโ€™s share trading price and bring the company into compliance with the Nasdaqโ€™s listing requirement regarding minimum share price.

To view the full press release, visitย https://ibn.fm/6TTAw

About CNS Pharmaceuticals Inc.

CNS Pharmaceuticals is a clinical-stage pharmaceutical company developing a pipeline of anti-cancer drug candidates for the treatment of primary and metastatic cancers of the brain and central nervous system. The companyโ€™s lead drug candidate, Berubicin, is a novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier. Berubicin is currently in development for the treatment of a number of serious brain and CNS oncology indications including glioblastoma multiforme (โ€œGBMโ€), an aggressive and incurable form of brain cancer. For more information, visit the companyโ€™s website atย www.CNSPharma.com.

NOTE TO INVESTORS:ย The latest news and updates relating to CNSP are available in the companyโ€™s newsroom atย https://ibn.fm/CNSP

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