Precision BioSciences effects 1-for-30 reverse stock split effective Feb 13, 2024

PRECISION BIOSCIENCES INC

Reverse stock split at 1-for-30 ratio effective 5:00 p.m. ET on February 13, 2024.
Every 30 pre-split shares reclassified into 1 share; fractional shares paid in cash.
Cash payment for fractions based on closing price of DTIL on Nasdaq on Feb 13, 2024.
Split-adjusted trading begins Feb 14 under same symbol DTIL; new CUSIP 74019P207.
Authorized shares and par value unchanged; split approved by stockholders Jan 18 and Board Feb 6.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PRECISION BIOSCIENCES INC: Amended certificate of incorporation to effect a 1-for-30 reverse stock split (effective 2024-02-13).

Change: charter amendment
Effective: 2024-02-13

Exact text from the filing

On February 13, 2024, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment (the “Certificate of Amendment”) to amend the Certificate of Incorporation to effect the Reverse Stock Split.

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Source: SEC EDGAR

accession 0000950170-24-014194

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