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Axion Power (AXPW) Undergoes 1-for-400 Reverse Stock Split to Trade as AXPWD for 20 Trading Days from July 15, 2016; Collaborative Relationship with Fengfan Co., Ltd. in China
Axion Power (AXPW) Undergoes 1-for-400 Reverse Stock Split to Trade as AXPWD for 20 Trading Days from July 15, 2016; Collaborative Relationship with Fengfan Co., Ltd. in China.
About this update from Axion Power International Inc
[{"type":"text","content":"\n\n\n\nAxion Power (AXPW) Undergoes 1-for-400 Reverse Stock Split to Trade as AXPWD for 20 Trading Days from July 15, 2016; Collaborative Relationship with Fengfan Co., Ltd. in China\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAxion Power (AXPW) Undergoes 1-for-400 Reverse Stock Split to Trade as AXPWD for 20 Trading Days from July 15, 2016; Collaborative Relationship with Fengfan Co., Ltd. in China\nPR Newswire\nNEW CASTLE, Pa., July 19, 2016\n\n\n\nNEW CASTLE, Pa., July 19, 2016 /PRNewswire/ -- As disclosed in a Current Report on Form 8-K filed with the SEC on July 15, 2016, Axion Power International, Inc. (OTCQB: AXPW) effected a 1-for-400 reverse split of its issued and outstanding common stock, and started trading on a reverse split basis as of July 15, 2016 upon receipt of FINRA approval.  As a result of the reverse split, Axion Power (AXPW) is trading as \"AXPWD\" for 20 trading days starting last Friday. After the 20th trading day, the symbol will revert to \"AXPW\".\n\n\nAlso, on July 15, 2016, Axion Power released a press release regarding the company forging a collaborative relationship with Fengfan Co., Ltd. in China. That release can be viewed at: http://www.axionpower.com/profiles/investor/ResLibraryView.asp?ResLibraryID=82033&BzID=1933&Nav=0&LangID=1&s=0&Category=1562.\n\nAbout Axion Power International, Inc. Axion Power is a technology leader in lead-carbon energy storage. Axion's patented lead carbon battery is the only advanced battery technology with an all carbon negative electrode. Axion's negative electrodes are designed to be directly substituted for lead acid negative electrodes producing the unique benefits of the Axion carbon technology. Axion Power's primary goal is to become the leading supplier of carbon electrode assemblies for lead-acid battery companies around the world. For more information, visit www.axionpower.com\n\nForward-looking Statements Certain statements in this Press Release are \"forward-looking statements\" within the meaning of the Private Securities Litigation...