Aditxt announces 1-for-40 reverse stock split to regain Nasdaq bid price compliance

Aditxt, Inc.

Stockholders approved reverse split at annual meeting on Aug 16; board set ratio at 1-for-40.
Effective 4:01 pm ET Aug 17; trading on split-adjusted basis from Aug 18.
Post-split shares outstanding approximately 190,319; CUSIP changed to 007025604.
Symbol remains ADTX; fractional shares rounded up to next whole share.
Purpose is to meet Nasdaq's minimum bid price requirement.

item 3.03 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Aditxt, Inc.: Certificate of amendment to effect a 1-for-40 reverse stock split of common stock (effective 2023-08-17).

Change: charter amendment
Effective: 2023-08-17

Exact text from the filing

On August 17, 2023, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment to its certificate of incorporation (the “Certificate of Amendment”) to effect the Reverse Stock Split.

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Aditxt, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-068621

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