Advaxis, Inc. Announces 1-for-125 Reverse Stock Split and Decrease in Authorized Shares of Common Stock

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PRINCETON, N.J.--(BUSINESS WIRE)--Advaxis, Inc., (OTCQB: ADXS), a leader in developing the next generation of immunotherapies for cancer and infectious diseases, announced today a 1-for-125 reverse stock split of its common stock and a decrease in the number of its authorized shares of common stock from 1,000,000,000 to 25,000,000. The reverse stock split and the decrease in the number of authorized shares of common stock were authorized by Advaxis’ stockholders at the annual meeting of stockholders held on June 14, 2013.

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