{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-066363","form_type":"8-K","ticker":"VSTM","cik":"0001526119","company_name":"Verastem, Inc.","filed_at":"2023-05-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.243784+00:00","generated_at":"2026-06-14T10:24:32.206311+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Verastem effects 1-for-12 reverse stock split to meet Nasdaq price requirement","bullets":["Reverse stock split effective 5:00 p.m. ET May 31, 2023; trading on split-adjusted basis June 1 under VSTM.","Outstanding shares reduced from ~200,872,633 to ~16,739,386; CUSIP changed to 92337C203.","No fractional shares issued; cash paid at closing price of May 30 adjusted for 1-for-12 ratio.","Authorized shares remain 300,000,000; par value unchanged at $0.0001 per share.","Split designed to boost per-share price for continued Nasdaq listing and broader investor appeal."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-066363","json":"https://secwatch.observer/filing/0001104659-23-066363.json","markdown":"https://secwatch.observer/filing/0001104659-23-066363.md","text":"https://secwatch.observer/filing/0001104659-23-066363.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1526119/000110465923066363/0001104659-23-066363-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1526119/000110465923066363/tm2317400d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T10:24:32.206311+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6522ce74d74b29b6a870649e8f76e856aa8b7b80","claim":"Verastem, Inc.: Amended restated certificate of incorporation to effect a one-for-twelve reverse stock split of common stock (effective 2023-05-30).","evidence_excerpt":"On May 30, 2023, Verastem, Inc. (the “Company”) filed a Certificate of Amendment to the Company’s Restated Certificate of Incorporation, as amended to date, (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s issued and outstanding common stock, par value $0.0001 (the “Common Stock”) at a ratio of one-for-twelve (the “Reverse Stock Split”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1526119/000110465923066363/0001104659-23-066363-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-05-30"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}