other material
confidence high
sentiment neutral
materiality 0.65
Theriva Biologics announces 1-for-25 reverse stock split effective Aug 26, 2024
Theriva Biologics, Inc.
- Reverse split at 1-for-25 ratio; outstanding shares reduce from ~25.1M to ~1.0M.
- Effective 12:01 a.m. ET on Aug 26, 2024; trading on split-adjusted basis same day.
- Split intended to meet NYSE American per-share price listing requirements.
- No fractional shares issued; holders of fractional shares get rounded up to next whole share.
- CUSIP changes to 87164U 508; ticker remains TOVX.