other_material
confidence high
sentiment neutral
materiality 0.65
Clearside Biomedical announces 1-for-15 reverse stock split, authorized shares reduced to 26.7M
Clearside Biomedical, Inc.
- Reverse stock split at 1-for-15 ratio; effective 5:00 p.m. ET on Sept 12, 2025.
- Authorized shares reduced from 400M to 26,666,666; no change to par value.
- Trading on split-adjusted basis on Nasdaq Capital Market starting Sept 15, 2025; new CUSIP 185063203.
- No fractional shares; cash paid in lieu; proportionate adjustments to stock options, RSUs, warrants.
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