other_material
confidence high
sentiment neutral
materiality 0.60
Athira Pharma to effect 10-for-1 reverse stock split on Sep 17 to meet Nasdaq minimum bid price
LeonaBio, Inc.
- Effective Sept 17 at 5pm ET; shares start trading split-adjusted on Sep 18 under ticker ATHA.
- Every 10 pre-split shares convert to 1; authorized common shares reduced from 900M to 90M.
- Purpose: increase share price to comply with Nasdaq's $1.00 minimum bid requirement.
- Fractional shares paid in cash; CUSIP changes to 04746L203.
- No action needed by book-entry or street-name holders; Computershare is exchange agent.
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