Press release
Investigation announced for Investors in shares of Tenax Therapeutics, Inc. (NASDAQ: TENX) over possible Violations of Securities Laws
An investigation for investors in Tenax Therapeutics, Inc. (NASDAQ: TENX) shares over potential securities laws violations.
Investors who purchased shares of Tenax Therapeutics, Inc. (NASDAQ: TENX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Tenax Therapeutics, Inc. (NASDAQ: TENX) concerning whether a series of statements by Tenax Therapeutics, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Morrisville, NC based Tenax Therapeutics, Inc., a specialty pharmaceutical company, engages in identifying, developing, and commercializing products for cardiovascular and pulmonary diseases in the United States and Canada. Tenax Therapeutics, Inc. reported that its Net Loss increased from $8.39 million in 2019 to $9.85 million in 2020.
Shares of Tenax Therapeutics, Inc. (NASDAQ: TENX) declined from $3.04 per share in February 2021 to as low as $1.23 per share in September 2021.
On November 4, 2021, NASDAQ: TENX shares closed at $1.55 per share.
Those who purchased shares of Tenax Therapeutics, Inc. (NASDAQ: TENX) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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