---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012442"
form_type: "8-K"
ticker: "PVLA"
cik: "0001583648"
company_name: "PALVELLA THERAPEUTICS, INC."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T18:54:24.759385+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pieris Pharmaceuticals announces 1-for-80 reverse stock split to regain Nasdaq compliance

## Summary
- Reverse stock split at ratio 1-for-80 effective 5:00 pm ET on April 22, 2024; begins trading split-adjusted on April 23 under symbol PIRS.
- Outstanding shares reduced from 98,935,025 to approximately 1,236,688; authorized common shares decreased from 300M to 3.75M.
- Split aims to raise bid price above $1.00 per share and meet Nasdaq Listing Rule 5550(a)(2) minimum bid price requirement.
- No fractional shares issued; fractional interests rounded up to one whole share. CUSIP changes to 720795202.
- All outstanding options, warrants, and preferred stock conversion terms adjusted proportionately per their governing documents.

## SEC filing metadata
- accession: 0001437749-24-012442
- form_type: 8-K
- ticker: PVLA
- cik: 0001583648
- company_name: PALVELLA THERAPEUTICS, INC.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1583648/000143774924012442/0001437749-24-012442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1583648/000143774924012442/pirs20240401_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012442
- JSON: https://secwatch.observer/filing/0001437749-24-012442.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012442.txt

## Key facts
- Governance Changes
  PALVELLA THERAPEUTICS, INC.: Filing of Certificate of Change to effect a 1-for-80 reverse stock split of common stock and adjust authorized shares accordingly (effective 2024-04-22).
  - Change: charter amendment
  - Effective: 2024-04-22
  source text: The Company effected the Reverse Stock Split pursuant to the Company’s filing of a Certificate of Change (the “Certificate”) with the Nevada Secretary of State on April 18, 2024, in accordance with Nevada Revised Statutes (“ NRS ”) 78.209.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1583648/000143774924012442/0001437749-24-012442-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.