other material
confidence high
sentiment neutral
materiality 0.60
Autonomix Medical disputes DTCC demand for 271,846 shares after reverse split
Autonomix Medical, Inc.
- Completed 1-for-20 reverse stock split on Oct 24, 2024; no fractional shares, rounding to full share.
- DTCC on Nov 1, 2024 requested 271,846 shares for street-name holder rounding.
- Company disputes count based on ~4,800 record holders; launched inquiry, will not issue shares pending.
- Potential liability exists if company is ultimately required to issue the requested shares.