---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-120776"
form_type: "8-K"
ticker: "PRAX"
cik: "0001689548"
company_name: "Praxis Precision Medicines, Inc."
filed_at: "2023-11-22T23:59:59+00:00"
generated_at: "2026-06-07T22:16:48.520523+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Praxis Precision Medicines announces 1-for-15 reverse stock split effective Nov 28, 2023

## Summary
- Board approved final ratio of 1-for-15, within previously authorized range of 1-for-5 to 1-for-25.
- Reverse split becomes effective 5:00 p.m. ET on Nov 28, 2023; split-adjusted trading on Nov 29 under ticker PRAX.
- No fractional shares will be issued; shareholders receive cash payment based on closing price before effectiveness.
- New CUSIP number for common stock post-split: 74006W 207.

## SEC filing metadata
- accession: 0001104659-23-120776
- form_type: 8-K
- ticker: PRAX
- cik: 0001689548
- company_name: Praxis Precision Medicines, Inc.
- filed_at: 2023-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1689548/000110465923120776/0001104659-23-120776-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1689548/000110465923120776/tm2331244d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-120776
- JSON: https://secwatch.observer/filing/0001104659-23-120776.json
- Plain text: https://secwatch.observer/filing/0001104659-23-120776.txt

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