other material
confidence high
sentiment neutral
materiality 0.65
Seres Therapeutics effects 1-for-20 reverse stock split, effective April 21, 2025
Seres Therapeutics, Inc.
- Reverse stock split at 1-for-20 ratio, effective 5:00 PM ET on April 21, 2025.
- Common stock begins split-adjusted trading on Nasdaq on April 22, 2025 under symbol MCRB.
- No fractional shares will be issued; holders receive cash in lieu of fractional shares.
- Authorized shares and par value per share remain unchanged.
- Stockholders approved split range of 1:5 to 1:50; Board fixed final ratio at 1:20.