$Great Basin Scientific, Inc.(GBSN)$ announced today that a 1-for-60 reverse split of its common stock will be effective at 5:00 pm EST on December 11, 2015.
The Company’s common stock will open for trading on the Nasdaq Capital Market on Monday, December 14, 2015 on a post-split basis. At the effective time of the reverse stock split, every 60 shares of the Company’s issued and outstanding common stock, par value $0.001, will be consolidated into 1 newly issued and outstanding share of common stock, par value of $0.0001.