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Orgenesis Inc (NASDAQ:ORGS) shares are trading lower by 21% to 40 cents during Monday’s session after the company announced that its Board of Directors has approved a 1-for-10 reverse stock split, effective at 5:00 pm ET on September 24. Orgenesis says this move aims to meet Nasdaq’s minimum $1.00 bid price requirement. The stock will continue trading under the symbol “ORGS” on a split-adjusted basis starting September 25. The reverse split will reduce the number of outstanding shares from 47.7 million to approximately 4.77 million, while stockholders’ ownership percentages remain unchanged. T…

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