Outset Medical effects 1-for-15 reverse stock split effective March 20, 2025

Outset Medical, Inc.

Reverse stock split at ratio of 1-for-15, effective 12:01 a.m. ET on March 20, 2025.
Common stock begins trading on split-adjusted basis under new CUSIP 690145206.
No fractional shares issued; cash-in-lieu paid based on March 19 closing price.
Stockholders approved split ratio range of 1:10 to 1:15 at special meeting March 5, 2025.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Outset Medical, Inc.: Outset Medical, Inc. filed an amendment to its Amended and Restated Certificate of Incorporation to effect a one-for-fifteen reverse stock split of its common stock, effective March 20, 2025 (effective 2025-03-20).

Change: charter amendment
Effective: 2025-03-20

Exact text from the filing

On March 20, 2025, Outset Medical, Inc., a Delaware corporation (the “ Company ”), effected a one-for-fifteen reverse stock split (“ Reverse Stock Split ”) of the Company’s common stock, par value $0.001 (the “ Common Stock ”).

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Outset Medical, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-058953

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