other_material
confidence high
sentiment neutral
materiality 0.50
Plus Therapeutics approves 1-for-25 reverse stock split to meet Nasdaq $1.00 minimum bid price
PLUS THERAPEUTICS, INC.
- Reverse split at 1-for-25, effective 12:01 a.m. ET on April 2, 2026; shares drop from ~171.6M to ~6.86M.
- Action taken to increase per-share price above Nasdaq's $1.00 minimum bid requirement for continued listing.
- No fractional shares issued; cash in lieu; new CUSIP 72941H806; trading symbol stays PSTV.
- Broadridge acts as exchange agent; book-entry holders need no action; certificates receive instructions.
- Par value unchanged at $0.001; proportional adjustments to equity awards and warrants.