other material
confidence high
sentiment negative
materiality 0.65
Adicet Bio announces 1-for-16 reverse stock split effective Dec 30, 2025; reduces shares from ~153.3M to ~9.6M
Adicet Bio, Inc.
- Board approved 1-for-16 reverse split within previously authorized 1:5 to 1:30 range; effective 12:01 a.m. ET Dec 30, 2025.
- Outstanding shares drop from ~153.3 million to ~9.6 million; authorized shares unchanged at 300 million.
- Purpose: regain compliance with Nasdaq minimum bid price requirement for continued listing.
- No fractional shares issued; holders receive cash in lieu; proportional adjustments to equity plans and warrants.
- CUSIP number changes to 007002207; trading symbol remains ACET.