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Friday, April 16, 2021

Equity Corporate Actions Alert #2021 - 65
Information Regarding the Business Combination of Akers Biosciences Inc. (AKER) and MyMD Pharmaceuticals

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The business combination of Akers Biosciences Inc. (AKER) and MyMD Pharmaceuticals, Inc. will become effective today, Friday, April 16, 2021. As a result, the common stock of Akers Biosciences Inc. will undergo a one-for-two (1-2) reverse stock split along with a change of name, symbol, and CUSIP number.

The details regarding the corporate name, symbol, and CUSIP changes are as follows:

Current Company Name/Issue: Akers Biosciences Inc. Common Stock
New Company Name/Issue: MyMD Pharmaceuticals, Inc. Common Stock
Current CUSIP: 00973E409
New CUSIP: 62856X102
Current Symbol: AKER
New Symbol: MYMD
Ratio of Reverse Split: 1 for 2
Marketplace Effective Date: April 19, 2021

If you would like to register as a market maker in MYMD, contact Nasdaq Trading Services at +1 212 231 5100.

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