SeaStar Medical announces 1-for-25 reverse stock split to regain Nasdaq compliance

SeaStar Medical Holding Corp

Reverse stock split at 1:25 ratio effective June 7, 2024; trading on split-adjusted basis from June 10, 2024 under symbol ICU.
Post-split shares outstanding approximately 3.1 million; no fractional shares issued (rounded up to whole share).
Purpose: to increase share price and regain compliance with Nasdaq's $1.00 minimum bid price requirement.
All outstanding stock options, warrants, and convertible securities proportionally adjusted in accordance with the split ratio.

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