secwatch.observer — SEC 8-K summary
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Issuer:     Onconetix, Inc. (ONCO)
CIK:        0001782107
Form:       8-K
Filed at:   2025-06-11T23:59:59+00:00
Accession:  0001213900-25-053367
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onconetix announces 1-for-85 reverse stock split effective June 13 to regain Nasdaq compliance
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- Reverse split 1-for-85 effective June 13, 2025; outstanding shares reduced from ~44.4M to ~521,863.
- Split intended to regain Nasdaq minimum $1.00 bid price compliance; no change to authorized shares.
- New CUSIP 68237Q203; trading symbol ONCO unchanged.
- Promissory note of $147,058.82 issued to Keystone Capital Partners with $22,059 OID, subordinated to Veru debt, due by March 5, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782107/000121390025053367/0001213900-25-053367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782107/000121390025053367/ea0245387-8k_onconetix.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-053367

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer