other material
confidence high
sentiment neutral
materiality 0.50
Outset Medical announces 1-for-15 reverse stock split effective March 20, 2025
Outset Medical, Inc.
- Reverse split ratio set at 1-for-15; outstanding shares to drop from ~265M to ~17M.
- Effective 12:01 a.m. ET on March 20, 2025; split-adjusted trading starts at market open.
- Symbol unchanged (OM); new CUSIP 690145206; authorized shares and par value unchanged.
- Fractional shares will be cashed out; equity awards and exercise prices proportionately adjusted.
- Stockholders approved split ratio on March 5, 2025; board set final ratio.