other_material
confidence high
sentiment neutral
materiality 0.50
Ikena Oncology to effect 1-for-12 reverse stock split, rename to ImageneBio, ticker IMA
ImageneBio, Inc.
- 1-for-12 reverse stock split effective July 28, 2025; shares outstanding drop from ~48.2M to ~4M.
- Company will rename ImageneBio, Inc., trade under ticker "IMA" on Nasdaq, new CUSIP 45175G207.
- No fractional shares; cash paid based on July 24 closing price multiplied by fractional share.
- Exercise prices and shares underlying equity awards will be proportionally adjusted; par value unchanged.
- Stockholders in book-entry or brokerage accounts need no action; beneficial holders contact broker.
item 8.01