Scorpius Holdings announces 1-for-20 reverse stock split effective Jan 21, 2025 to maintain NYSE American listing

Scorpius Holdings, Inc.

Stockholders approved reverse split at Jan 16 special meeting; board set ratio at 1-for-20.
Split effective 12:01 a.m. ET Jan 21, 2025; shares outstanding to fall from ~5.8M to ~0.3M.
Fractional shares cashed out at average closing price for 10 days before effective date.
Ticker remains SCPX; new CUSIP 42237K607; split aimed at NYSE American compliance.

item 3.03 item 5.03 item 5.07 item 7.01 item 9.01

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Scorpius Holdings, Inc.: Amended certificate of incorporation to effect a 1-for-20 reverse stock split, with the Charter Amendment to be filed and become effective January 21, 2025 (effective 2025-01-21).

Change: charter amendment
Effective: 2025-01-21

Exact text from the filing

Following the Special Meeting, the Board approved the filing of a Certificate of Amendment to the Certificate of Incorporation (the “Charter Amendment”) to effect a reverse stock split at a final split ratio of 1-for-20 (the “Reverse Stock Split”).

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Source: SEC EDGAR

accession 0001079973-25-000094

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