secwatch / observer
8-K filed November 29, 2024, 6:59 PM ET ticker SLXN CIK 0002022416
other material confidence high sentiment neutral materiality 0.45

Silexion Therapeutics completes 1-for-9 reverse stock split, adjusts warrant terms

Silexion Therapeutics Corp

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Silexion Therapeutics Corp: Adjusted the terms of outstanding warrants due to a 1-for-9 reverse share split, decreasing the number of shares issuable per warrant and proportionately increasing the exercise price (effective 2024-11-27).

Effective
2024-11-27
Exact text from the filing
The Company notified Warrant holders that the Company has made the following adjustments to its outstanding Warrants, effective after the close of trading on November 27, 2024, as to be reflected in the Warrants upon the open of trading on November 29, 2024: • The number of ordinary shares issuable upon the exercise of each pre-Reverse Share Split Warrant to purchase one ordinary share will decrease proportionately to the Reverse Share Split ratio, resulting in each such Warrant being exercisable for 1/9th of an ordinary share following the Reverse Share Split; and • The exercise price of each post-Reverse Share Split Warrant to purchase one whole post-Reverse Share Split ordinary share will be proportionately increased nine-fold (relative to a pre-Reverse Share Split Warrant to purchase one pre-Reverse Share Split ordinary share), to $103.50 per post-Reverse Share Split ordinary share.
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51 governance changes filed in the last 30 days. Browse all governance changes →

Silexion Therapeutics Corp filing history →

Source: SEC EDGAR
accession 0001178913-24-003866
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