other material
confidence high
sentiment neutral
materiality 0.50
Fractyl Health stockholders approve reverse stock split range of 1-for-5 to 1-for-15
FRACTYL HEALTH, INC.
- Special meeting held Sept 24, 2026; 70.35% of 159,179,848 outstanding shares represented.
- Proposal approved: 102,476,581 for, 9,319,450 against, 191,821 abstentions.
- Board authorized to execute reverse split at ratio between 1-for-5 and 1-for-15, in its sole discretion.
- No immediate effect; ratio and timing to be determined by board post-approval.