other material
confidence high
sentiment neutral
materiality 0.75
Eyenovia announces 1-for-80 reverse stock split effective Jan 31, 2025 to regain Nasdaq bid price compliance
HYPERION DEFI, INC.
- Reverse split at 1-for-80 ratio reduces outstanding shares from ~167.5M to ~2.1M; effective 4:00 pm ET Jan 31, 2025.
- Post-split trading on Nasdaq under same symbol EYEN with new CUSIP 30234E 203 from Feb 3, 2025.
- Split intended to regain Nasdaq minimum bid price compliance; company continues evaluating strategic alternatives.
- Proportionate adjustments to stock options/warrants; fractional shares paid in cash, no change in authorized shares.