other material
confidence high
sentiment neutral
materiality 0.60
Silexion Therapeutics announces 1-for-10 reverse share split to maintain Nasdaq listing
Silexion Therapeutics Corp
- Reverse share split at 1:10 ratio; effective after market close May 28, 2026; split-adjusted trading begins May 29, 2026.
- Ticker remains SLXN; new CUSIP assigned; par value increases from $0.0135 to $0.135 per share.
- No fractional shares issued; DTC participants' fractional shares rounded up to nearest whole share.
- Split intended to maintain Nasdaq minimum bid price compliance (Rule 5550(a)(2)) and support equity financings.