CLGN ▼ -10.5% - CollPlant Biotechnologies Ltd. $CLGN 1-10 reverse split on September 4, 202 CollPlant Biotechnologies announced a 1-for-10 reverse stock split effective September 4, 2024, which consolidates every ten existing shares into one share at a higher nominal price per share. The stock declined 10.5% today, a move consistent with typical market reaction to reverse splits, which are often viewed as a sign of financial distress or delisting risk and do not change the underlying equity value of shareholders' positions. 01-SEP-2026 04:02 PM ET