secwatch.observer — SEC 8-K summary
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Issuer:     SCYNEXIS INC (SCYX)
CIK:        0001178253
Form:       8-K
Filed at:   2026-05-29T20:01:37+00:00
Accession:  0001178253-26-000017
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCYNEXIS effects 1:8 reverse stock split; authorized shares cut to 18.75M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178253/000117825326000017/0001178253-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178253/000117825326000017/scyx-20260528.htm
  HTML page:      https://secwatch.observer/filing/0001178253-26-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer