other material
confidence high
sentiment neutral
materiality 0.60
Karyopharm shareholders approve reverse stock split and share increase
Karyopharm Therapeutics Inc.
- Approved increase in authorized capital stock to 805M shares (common to 800M).
- Approved reverse stock split at ratio 1:5 to 1:15; board to decide timing and exact ratio by Feb 28, 2025.
- Reverse split: 74.8M votes for, 20.0M against; share increase: 71.6M for, 23.4M against.