SANGRIX Announces 1-for-8 Reverse Split of Class A and Class B Shares

SANGRIX INC. announced a 1-for-8 reverse split of its Class A and Class B ordinary shares, with each class converting eight issued and outstanding shares into one share of that class.

The ratio applies to both classes: every eight issued and outstanding Class A ordinary shares will consolidate into one Class A share, and every eight issued and outstanding Class B ordinary shares will consolidate into one Class B share.