Wednesday, April 19, 2017

Equity Trader Alert #2017 - 84
(UPDATED) Information Regarding Reverse Merger and Business Combination between Dipexium Pharmaceuticals, Inc. (DPRX) and PLx Pharma Inc.


  • Industry Announcement

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The reverse merger and business combination of Dipexium Pharmaceuticals, Inc. and PLx Pharma Inc. became effective today, Wednesday, April 19, 2017. Dipexium Pharmaceuticals, Inc. (DPRX) will undergo a one-for-eight (1-8) reverse stock split, a change of name, a change of symbol, and a new CUSIP number. The details are as follows:

Old Company Name: Dipexium Pharmaceuticals, Inc.
Issue: Common Stock
Old CUSIP: 25456J104
Old Symbol: DPRX
New Company Name: PLx Pharma Inc.
New CUSIP: 72942A107
New Symbol: PLXP
Ratio of Reverse Split: 1 for 8
Marketplace Effective Date: April 20, 2017

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

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



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