SCYNEXIS stockholders approve 1-for-8 reverse stock split; effective May 29

SCYNEXIS INC

Reverse stock split approved at 1:8 ratio; authorized shares reduced from 150M to 18.75M.
Special meeting results: 44.8 million votes for, 6.7 million against, 0.1 million abstained.
Effective May 29, 2026; trading on Nasdaq on split-adjusted basis starts June 1, 2026.
No fractional shares issued; cash payment in lieu for fractional interests.
New CUSIP 811292 309; ticker symbol SCYX unchanged.

Key facts

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

SCYNEXIS INC shareholders approved Approval of an amendment to the amended and restated certificate of incorporation, to implement a reverse stock split of the Company's common stock, at a ratio ranging from any whole number between 1-for-5 and 1-for-10, with such ratio to be determined at the discretion of the Board of Directors of at the 2026-05-19 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2026-05-19

Exact text from the filing

Proposal 1: Approval of an amendment to the amended and restated certificate of incorporation, to implement a reverse stock split of the Company's common stock, at a ratio ranging from any whole number between 1-for-5 and 1-for-10, with such ratio to be determined at the discretion of the Board of Directors of the Company, and decrease the number of authorized shares. The votes were cast as follows: Votes For Votes Against Abstained 44,826,378 6,708,960 102,965

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SCYNEXIS INC filing history →

Source: SEC EDGAR

accession 0001178253-26-000014

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