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Reverse Stock Split and NASDAQ Listing
3 Months Ended
Jun. 30, 2014
Reverse Stock Split And Nasdaq Listing  
Reverse Stock Split and NASDAQ Listing

Note 2: Reverse Stock Split and NASDAQ Listing

 

Effective December 12, 2013, the Company effected a 1-for-17 reverse stock split of its issued and outstanding stock. The effects of the reverse split have been applied retrospectively, and all share and per share amounts are shown post reverse split, unless otherwise noted. In addition, the number of authorized shares was reduced from 200,000,000 to 100,000,000. On December 13, 2013, the Company’s Common Stock began trading, on a post-reverse split adjusted basis, on the NASDAQ Capital Market under the symbol “ADMP.”