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Acorda Withdraws Proposal To Raise Authorized Shares From Special Meeting Of Stockholders

RTTNews | 940天前

Acorda Withdraws Proposal To Raise Authorized Shares From Special Meeting Of Stockholders

(RTTNews) - Acorda Therapeutics, Inc. (ACOR) announced Monday that it has withdrawn Proposal One, a request to increase the number of authorized shares of Acorda stock, from the ballot for the Special Meeting of Stockholders scheduled for November 4, 2022.

Proposal Two, authorization of a Reverse Stock Split, remains on the ballot. This proposal would give Acorda's Board of Directors the ability to implement a reverse stock split of Acorda's stock. The will ensure that the company's stock price moves above $1.00, which would prevent the company from being delisted by Nasdaq.

Proposal Three, the Adjournment Proposal, to allow the Company to adjourn and reconvene the Special Meeting to have additional time to solicit proxies, will also remain on the ballot.

标签: ACOR

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Acorda Therapeutics COO Lauren Sabella To Resign

Acorda Therapeutics COO Lauren Sabella To Resign

Biotechnology company Acorda Therapeutics, Inc. (ACOR) announced Friday that Lauren Sabella, Chief Operating Officer, will resign from the Company effective September 30, 2022. She will be working in a strategic advisory role for early-stage biotechnology companies.

RTTNews | 992天前

German Factory Orders Rebound Ahead Of U.S. Tariffs

German Factory Orders Rebound Ahead Of U.S. Tariffs

Germany's factory orders grew more than expected in March as U.S. manufacturers front-loaded their orders to avoid higher tariffs, official data revealed Wednesday. Factory orders advanced 3.6 percent month-on-month in March after remaining flat in February, Destatis reported. Orders are forecast to grow 1.4 percent.

RTTNews | 29分钟前

Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian shares may open higher on Wednesday amid renewed hopes the U.S. and China will agree on a positive trade deal. The focus is also on the Federal Reserve's monetary policy announcement later in the day.

RTTNews | 1小时36分钟前

FTSE Modestly Lower In Cautious Trade

FTSE Modestly Lower In Cautious Trade

The U.K. market is modestly lower on Wednesday as investors largely tread cautiously, digesting earnings and regional economic data, and awaiting the monetary policy announcements from the Federal Reserve and the Bank of England.

RTTNews | 3小时16分钟前

UK Construction Sector Continues To Shrink

UK Construction Sector Continues To Shrink

The UK construction activity continued to contract in April as business uncertainty and concerns about economic outlook damped client demand, survey data from S&P Global showed on Wednesday. The construction Purchasing Managers' Index rose unexpectedly to 46.6 in April from 46.4 in March. This was the slowest decline in output levels for three months.

RTTNews | 3小时20分钟前

CAC 40 Moderately Lower Ahead Of Fed Policy Announcement

CAC 40 Moderately Lower Ahead Of Fed Policy Announcement

French stocks are down in negative territory Wednesday morning with investors making cautious moves, reacting to earnings, and awaiting the Federal Reserve's monetary policy announcement, due later in the day.

RTTNews | 3小时44分钟前

Sensex, Nifty End Slightly Higher Despite Simmering Geopolitical Tensions

Sensex, Nifty End Slightly Higher Despite Simmering Geopolitical Tensions

Indian shares moved in a narrow range before finishing slightly higher on Wednesday amid hopes around upcoming trade talks between the United States and China.

RTTNews | 3小时45分钟前

Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.

RTTNews | 4小时14分钟前

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