other_material
confidence high
sentiment neutral
materiality 0.60
Decoy Therapeutics announces 1-for-12 reverse stock split effective March 6, 2026 to regain Nasdaq compliance
Decoy Therapeutics Inc.
- Shares reduced from ~6.38M to ~532,000; authorized shares unchanged at 100M.
- Split effective 5:00 p.m. ET on March 6; trading on split-adjusted basis begins March 9.
- New CUSIP 79400X602; fractional shares cashed out at closing price on March 6.
- Equiniti Trust Company acting as exchange agent; all options and warrants adjusted proportionally.
- Stockholders approved reverse split range of 1-for-4 to 1-for-15; Board chose 1-for-12 ratio.