other material
confidence high
sentiment neutral
materiality 0.60
AlloVir effects 1-for-23 reverse stock split effective Jan 15, 2025
Kalaris Therapeutics, Inc.
- Reverse split at 1-for-23 ratio, approved by board on Jan 9 after stockholder vote.
- Effective 4:05 pm ET Jan 15; trading on split-adjusted basis Jan 16 under ALVR.
- No fractional shares; cash in lieu based on Jan 15 closing price.
- Reverse split is part of preparations for proposed merger with Kalaris Therapeutics.
- New CUSIP number 019818202; par value and authorized shares unchanged.