---
title: "Aerovate's stockholders approve merger with Jade Biosciences and 1-for-35 reverse stock split."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236792837.md"
description: "WALTHAM, Mass., April 21, 2025 — In a recent development, Aerovate Therapeutics, Inc. (Nasdaq: AVTE) has shared that its Board of Directors has given the green light to a 1-for-35 reverse stock split. Following this decision, the stockholders have also voted in favor of the proposed merger with Jade Biosciences, Inc. This move marks a significant milestone for the company as it looks to bolster its position in the market."
datetime: "2025-04-21T12:22:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236792837.md)
  - [en](https://longbridge.com/en/news/236792837.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236792837.md)
---

# Aerovate's stockholders approve merger with Jade Biosciences and 1-for-35 reverse stock split.

WALTHAM, Mass., April 21, 2025 — In a recent development, Aerovate Therapeutics, Inc. (Nasdaq: AVTE) has shared that its Board of Directors has given the green light to a 1-for-35 reverse stock split. Following this decision, the stockholders have also voted in favor of the proposed merger with Jade Biosciences, Inc. This move marks a significant milestone for the company as it looks to bolster its position in the market.

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