other material
confidence high
sentiment neutral
materiality 0.50
Strata Skin Sciences announces 1-for-10 reverse stock split effective June 6, 2024
STRATA Skin Sciences, Inc.
- Reverse stock split ratio of 1-for-10 approved by board on April 26, 2024, effective 11:59 p.m. June 6.
- Post-split common stock begins trading on Nasdaq Capital Market on June 7, 2024, under same symbol SSKN.
- New CUSIP number 86272A 305; no fractional shares issued, cash paid in lieu.
- Stockholders' percentage interest unchanged; outstanding equity awards proportionally adjusted.
- Stockholders pre-approved the reverse split range (1:5 to 1:25) at special meeting on October 26, 2023.