other_material
confidence high
sentiment neutral
materiality 0.60
Unicycive Therapeutics effects 1-for-10 reverse stock split to regain Nasdaq compliance
Unicycive Therapeutics, Inc.
- Reverse stock split at 1-for-10 ratio effective June 18, 2025; begins trading split-adjusted June 20, 2025.
- Reduces outstanding shares from ~126.4M to ~12.6M; no fractional shares (rounded up).
- CUSIP changes to 90466Y 202; symbol remains UNCY.
- Board authorized reverse split on June 9, 2025; split intended to meet $1.00 minimum bid price for Nasdaq listing.
- Proportional adjustments to stock options, warrants, and preferred stock conversion prices.
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