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Aeolus Pharmaceuticals, Inc.

Incara announces 1-for-10 reverse split and name change

Published in Lab Business Week, July 25th, 2004

Incara Pharmaceuticals Corp. (ICRA) announced that its board of directors has authorized and its majority shareholder has approved a 1-for-10 reverse split of its common stock as part of a program of planned internal changes designed to streamline the company.

The record date for the reverse split was July 6, 2004, and the common stock began trading on a split-adjusted basis on July 7, 2004. The effective date for the reverse split will be July 16, 2004. As a result of the reverse split, every 10 shares of common stock will be combined into 1 share of common stock. The reverse stock split affects all of the company's common stock, preferred stock, stock options, and...

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