Friday, December 29, 2017

Equity Corporate Actions Alert #2017 - 96
(UPDATED) Information Regarding Business Combination of Galena Biopharma, Inc. (GALE) and SEELAS Life Sciences Group, Inc. (SLS)


  • Industry Announcement

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The business combination of Galena Biopharma, Inc. (GALE) and SEELAS Life Sciences Group, Inc. (SLS) will become effective today, December 29, 2017 at 4:30 pm. As a result the common shares of Galena Biopharma, Inc. (GALE) will undergo a one-for-thirty (1-30) reverse stock split along with a change of name, symbol, and CUSIP number. The details are as follows:

Current Company Name: Galena Biopharma, Inc.
Issue: Common Shares
Current CUSIP: 363256504
Current Symbol: GALE
New Company Name: SEELAS Life Sciences Group, Inc.
New CUSIP: 81642T100
New Symbol: SLS
Ratio of Reverse Split: 1 for 30
Marketplace Effective Date: January 2, 2018

If you would like to register as a market maker in SLS, contact Nasdaq Trading Services at +1 212 231 5100.

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