other material
confidence high
sentiment negative
materiality 0.60
Sonendo announces 1-for-200 reverse stock split effective Oct 18, 2024
Sonendo, Inc.
- Reverse stock split at 1-for-200 ratio, effective October 18, 2024.
- No fractional shares issued; cash in lieu paid at $0.05 per post-split share.
- New CUSIP number for common stock: 835431206.
- Board approved split in September 2024 after stockholder authorization at June 2024 annual meeting.
- Trading continues on OTC Markets under symbol SONX.