other_material
confidence high
sentiment neutral
materiality 0.65
Clearside Biomedical files 1-for-15 reverse stock split, reduces authorized shares to 26.7M
Clearside Biomedical, Inc.
- Reverse stock split effective September 12, 2025 at 5:00 p.m. ET; split-adjusted trading begins September 15, 2025.
- Every 15 outstanding shares combine into 1; no fractional shares issued – cash in lieu.
- Authorized common stock reduced from 400M to 26,666,666; par value unchanged at $0.001.
- Proportionate adjustments to stock options, RSUs, warrants, and equity plan reserves.
- New CUSIP 185063203; Nasdaq ticker CLSD unchanged.
item 5.03item 9.01