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confidence high
sentiment neutral
materiality 0.40
EBR Systems announces 1-for-10 reverse stock split effective April 1, 2026
EBR Systems, Inc.
- Board approved 1-for-10 reverse split ratio on March 17, 2026; stockholders authorized ratio range of 1:5 to 1:20.
- Reverse split effective April 1, 2026 at 4:00 a.m. ET; every 10 pre-split shares become 1 share.
- Fractional shares rounded up to nearest whole share; CDI conversion ratio changes from 1:1 to 10:1.
- No change in authorized shares or par value; ASX last day for pre-split trading is March 30, 2026 (Australian time).