other material
confidence high
sentiment neutral
materiality 0.55
Windtree Therapeutics announces 1-for-50 reverse stock split effective Feb 24, 2023
WINDTREE THERAPEUTICS INC /DE/
- Reverse stock split at ratio of 1 post-split share for every 50 pre-split shares.
- Effective at 12:01 AM ET on February 24, 2023; new CUSIP number 97382D 402.
- No fractional shares issued; stockholders entitled to fractional share receive one whole share.
- Proportional adjustments made to outstanding stock options, RSUs, and warrants.
- Stockholders approved split at special meeting on February 7, 2023; Board set ratio at 1:50.