Vical approves reverse stock split and merger with Brickell

Vical (VICL -20%) approves the proposal to merge with Brickell Biotech and the transaction is expected to close on August 31, 2019.

Vical expects to change its name from “Vical Incorporated” to “Brickell Biotech, Inc.”

Also, its stock expected to begin trading on the Nasdaq under the stock symbol “BBI” on Tuesday, September 3, 2019.

Vical has also determined, that the reverse stock split of common stock will be effected at a ratio of 1-for-7 and is expected to be completed immediately prior to the consummation of the Merger.


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