other material
confidence high
sentiment neutral
materiality 0.50
HOOKIPA Pharma completes 1-for-10 reverse stock split, effective July 9, 2024
HOOKIPA Pharma Inc.
- 1-for-10 reverse split effective 5:00 p.m. ET on July 9, 2024; par value unchanged at $0.0001.
- Authorized shares reduced from 400M to 40M; fractional shares cashed out.
- Outstanding shares reduced from ~96.6M to ~9.7M immediately after split.
- Conversion ratios/exercise prices adjusted for convertible preferred stock, stock options, and equity plans.
- Reverse split was previously disclosed and affects all stockholders uniformly.