Inspire Veterinary Partners to effect 1-for-25 reverse stock split on Jan 27 to meet Nasdaq bid price rule

INSPIRE VETERINARY PARTNERS, INC.

Reverse stock split effective Jan 27, 2025 at 1:25 ratio; shares will trade on split-adjusted basis under symbol IVP.
Shares outstanding reduced from ~36.998M to ~1.48M; corresponding reduction in authorized shares.
Reverse split primarily intended to meet Nasdaq $1 minimum bid price requirement for continued listing.
No fractional shares issued; all fractional shares rounded up.
CUSIP changes to 45784E304; proportional adjustments made to warrants, options, and convertible notes.

Key facts

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

INSPIRE VETERINARY PARTNERS, INC.: Filed a Certificate of Change to the Amended and Restated Certificate of Incorporation to effect a 1-for-25 reverse stock split, reducing authorized and issued shares proportionally (effective 2025-01-27).

Change: charter amendment
Effective: 2025-01-27

Exact text from the filing

As previously disclosed in a Current Report on Form 8-K filed on January 10, 2025, Inspire Veterinary Partners, Inc., a Nevada corporation, (the “Company”) seeks to effect a one-for-twenty-five (1:25) reverse stock split (the “ Reverse Stock Split”) of its issued and outstanding shares of Class A common stock, $0.0001 par value per share (“Common Stock”). The Reverse Stock Split will become effective on January 27, 2025.

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23 governance changes filed in the last 30 days. Browse all governance changes →

INSPIRE VETERINARY PARTNERS, INC. filing history →

Source: SEC EDGAR

accession 0001213900-25-005649

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