other_material
confidence high
sentiment neutral
materiality 0.60
60 Degrees Pharmaceuticals to effect 1:4 reverse stock split effective Jan 20, 2026
60 DEGREES PHARMACEUTICALS, INC.
- Reverse split at 1:4 ratio effective Jan 20, 2026 at 12:01 AM ET before market open.
- Intended to regain compliance with Nasdaq minimum bid price requirement; symbol remains SXTP.
- Shares outstanding reduce from ~5.15M to ~1.29M; fractional shares rounded up to whole share.
- Approved by stockholders on Oct 8, 2025 and board on Dec 17, 2025; Delaware certificate filed.
- All outstanding options, warrants, and equity plans adjusted proportionally.
item 5.03item 8.01item 9.01