Lipocine Announces Pro Rata Distribution of Series B Preferred Stock to its Holders of Common Stock

SALT LAKE CITY, March 10, 2023 /PRNewswire/ — Lipocine Inc. (NASDAQ: LPCN), a clinical-stage biopharmaceutical company focused on metabolic and endocrine disorders, today announced that its Board of Directors declared a dividend of one one-thousandth of a share of newly designated Series…