other
confidence high
sentiment neutral
materiality 0.50
SCYNEXIS effects 1:8 reverse stock split; authorized shares cut to 18.75M
SCYNEXIS INC
- Effective May 29, 2026, every 8 outstanding shares converted into 1 share; par value stays $0.001.
- Authorized common shares reduced from 150,000,000 to 18,750,000.
- No fractional shares issued; eligible stockholders receive cash in lieu.
- Split-adjusted trading on Nasdaq begins June 1, 2026 under ticker SCYX; new CUSIP 811292309.
- Reverse split also adjusts stock options, RSUs, and warrants with proportional exercise price changes.