other_material
confidence high
sentiment neutral
materiality 0.55
Silexion Therapeutics announces 1-for-15 reverse share split to maintain Nasdaq listing
Silexion Therapeutics Corp
- Reverse split effective after market close July 28; split-adjusted trading starts July 29 under ticker SLXN.
- Every 15 ordinary shares combined into 1; fractional shares rounded up to nearest whole share.
- Par value increases from $0.0009 to $0.0135 per share; no action required from shareholders.
- Split designed to regain compliance with Nasdaq minimum bid price rule (Listing Rule 5550(a)(2)).
- CEO Ilan Hadar states split supports strategic growth initiatives and capital markets positioning.
item 8.01item 9.01