Friday, April 16, 2021

Equity Corporate Actions Alert #2021 - 65
Information Regarding the Business Combination of Akers Biosciences Inc. (AKER) and MyMD Pharmaceuticals


  • Industry Announcement

Markets Impacted:

Contact Information:


The business combination of Akers Biosciences Inc. (AKER) and MyMD Pharmaceuticals, Inc. will become effective today, Friday, April 16, 2021. As a result, the common stock of Akers Biosciences Inc. will undergo a one-for-two (1-2) reverse stock split along with a change of name, symbol, and CUSIP number.

The details regarding the corporate name, symbol, and CUSIP changes are as follows:

Current Company Name/Issue: Akers Biosciences Inc. Common Stock
New Company Name/Issue: MyMD Pharmaceuticals, Inc. Common Stock
Current CUSIP: 00973E409
New CUSIP: 62856X102
Current Symbol: AKER
New Symbol: MYMD
Ratio of Reverse Split: 1 for 2
Marketplace Effective Date: April 19, 2021

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

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives.

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: