other material
confidence high
sentiment neutral
materiality 0.55
Curis shareholders approve reverse stock split authorization up to 1-for-25
CURIS INC
- 26.9M votes for, 752K against, 124K abstain on reverse split proposal.
- Board may set ratio between 1:5 and 1:25, or abandon the amendment.
- Adjournment proposal also passed but not needed as main proposal carried.
- Reverse split intended to meet Nasdaq listing requirements; ratio TBD.