other material
confidence high
sentiment neutral
materiality 0.70
Forte Biosciences implements 1-for-25 reverse stock split effective August 28, 2024
Forte Biosciences, Inc.
- Reverse stock split at 1-for-25 ratio effective 8:00 a.m. ET on August 28, 2024.
- No fractional shares issued; cash paid for fractional shares based on Aug 27 closing price.
- CUSIP changed to 34962G 208; trading symbol FBRX unchanged on Nasdaq.
- Proportionate adjustments made to equity incentive plans and outstanding awards.