other_material
confidence high
sentiment negative
materiality 0.60
Onconetix shareholders approve reverse stock split ratio range 1:10 to 1:150
Onconetix, Inc.
- Reverse stock split proposal approved: 11,956,279 For, 4,222,940 Against, 153,929 Abstentions.
- Board authorized to select exact ratio (1-for-10 to 1-for-150) anytime within one year of May 30, 2025.
- Adjournment proposal also approved: 13,570,278 For, 2,367,590 Against, 395,280 Abstentions.
- 44,358,422 shares of common stock were outstanding as of the April 14, 2025 record date.
item 5.07item 9.01