other material
confidence high
sentiment neutral
materiality 0.55
Theriva Biologics effects 1-for-25 reverse stock split to meet NYSE American price rules
Theriva Biologics, Inc.
- Reverse split ratio of 1-for-25; shares reduced from 25,131,230 to approximately 1,005,249.
- Effective 12:01 a.m. ET on August 26, 2024; trading began on post-split basis same day.
- No fractional shares issued; holders otherwise entitled to fractional shares receive rounding up to next whole share.
- Exercise price and share count under options, warrants, and equity plans adjusted proportionately.
- Trading symbol unchanged ('TOVX'); new CUSIP number is 87164U508.