---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-058529"
form_type: "8-K"
ticker: "HEPA"
cik: "0001583771"
company_name: "Hepion Pharmaceuticals, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:22:56.184401+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hepion Pharmaceuticals effects 1-for-20 reverse stock split to regain Nasdaq compliance

## Summary
- Reverse split ratio 1-for-20 effective 4:01pm ET May 10, 2023; split-adjusted trading begins May 11 under same symbol HEPA.
- Post-split shares outstanding ~3.81M; CUSIP changed to 426897302.
- Primary purpose is to meet Nasdaq minimum bid price requirement for continued listing.
- Proportionate adjustments to equity awards and warrants; fractional shares rounded up to next whole share.
- CEO states split comes ahead of expected Phase 2 ALTITUDE-NASH biomarker results for rencofilstat.

## SEC filing metadata
- accession: 0001104659-23-058529
- form_type: 8-K
- ticker: HEPA
- cik: 0001583771
- company_name: Hepion Pharmaceuticals, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1583771/000110465923058529/0001104659-23-058529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1583771/000110465923058529/tm2315272d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-058529
- JSON: https://secwatch.observer/filing/0001104659-23-058529.json
- Plain text: https://secwatch.observer/filing/0001104659-23-058529.txt

## Key facts
- Governance Changes
  Hepion Pharmaceuticals, Inc.: Company filed a Certificate of Amendment to effect a 1-for-20 reverse stock split of common stock, effective 4:01 p.m. ET on May 10, 2023, as previously approved by stockholders and board (effective 2023-05-10).
  - Change: charter amendment
  - Effective: 2023-05-10
  source text: On May 10, 2023, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment to its Certificate of Incorporation (the “Certificate of Amendment”) to effect the Reverse Stock Split.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1583771/000110465923058529/0001104659-23-058529-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.