other material
confidence high
sentiment neutral
materiality 0.60
Revelation Biosciences effects 1-for-16 reverse stock split; shares outstanding cut to ~522K
REVELATION BIOSCIENCES, INC.
- Reverse stock split effective Jan 28, 2025, at 1-for-16 ratio; no fractional shares issued.
- Approximately 522,281 shares of common stock outstanding after the split.
- Proportionate adjustments made to all outstanding equity awards and warrants, except certain warrants with price reset features.
- Common stock continues to trade under symbol REVB on Nasdaq; new CUSIP 76135L606.
- Split approved by stockholders at Jan 17, 2025 special meeting.