other_material
confidence high
sentiment neutral
materiality 0.50
Global Medical REIT completes 1:5 reverse stock split; shares to trade on NYSE Sept 22
Chiron Real Estate Inc.
- Effective Sept 19, 2025, every five shares of common stock converted into one; par value remains $0.001.
- Authorized shares reduced from 500M to 100M; outstanding shares cut from 67,037,048 to ~13,407,409.
- No fractional shares issued; stockholders receive cash in lieu based on Sept 19 closing price.
- Corresponding adjustments made to equity plan shares, outstanding awards, repurchase program, and operating partnership units.
- Common stock trades under same symbol GMRE with new CUSIP 37954A303 starting Sept 22.
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