Elevai Labs announces 1-for-200 reverse stock split

• Elevai Labs (NASDAQ:ELAB) will implement a 1-for-200 reverse stock split which will be effective at midnight on November 27, 2024.
• This initiative aligns with the company’s efforts to meet Nasdaq's minimum bid price requirement of $1.00 per share.
• Post the reverse stock split there will be approximately 3.07M shares of common stock issued and outstanding.

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