secwatch.observer — SEC 8-K summary
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Issuer:     Axcella Health Inc. (—)
CIK:        0001633070
Form:       8-K
Filed at:   2023-09-18T23:59:59+00:00
Accession:  0001104659-23-101615
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axcella Health completes 1-for-25 reverse stock split effective Sept 18, 2023
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- Stockholders approved reverse split at 1-for-25 ratio at Sept 11 annual meeting; board approved same day.
- Effective at 5:00 pm ET Sept 18, every 25 pre-split shares automatically combined into one post-split share.
- No fractional shares issued; holders receive cash equal to fraction multiplied by Sept 18 closing price.
- Split-adjusted trading begins Sept 19 under existing symbol 'AXLA'; new CUSIP number 05454B204.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633070/000110465923101615/0001104659-23-101615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633070/000110465923101615/tm2326324d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-101615

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer