CNS Pharmaceuticals Increases Authorized Shares for Growth

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2025.11.21 22:51
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CNS Pharmaceuticals announced an increase in authorized shares of common and preferred stock, approved at their Annual Meeting on November 17, 2025. This amendment aims to enhance the company's capital structure and provide flexibility for growth and investment. Analysts have a Buy rating with a $20 price target, though the company faces challenges in profitability and financial stability. Technical indicators suggest the stock is oversold, presenting potential for stabilization or recovery.