other
confidence high
sentiment neutral
materiality 0.50
Immunic announces 1-for-10 reverse stock split effective April 27, 2026
IMMUNIC, INC.
- Reverse stock split at 1-for-10 ratio; reduces outstanding shares from ~136M to ~13.6M.
- Effective 12:01 a.m. ET on April 27, 2026; trading on Nasdaq (IMUX) begins split-adjusted same day.
- New CUSIP: 4525EP200; no fractional shares issued, cash in lieu for fractional amounts.
- Board determined ratio after stockholder approval on April 14, 2026.
- Split intended to meet contractual obligations under Feb 12, 2026 securities purchase agreement.