other material
confidence high
sentiment neutral
materiality 0.55
Windtree Therapeutics announces 1-for-50 reverse stock split effective Feb 20, 2025
WINDTREE THERAPEUTICS INC /DE/
- Reverse stock split approved by stockholders on Feb 3, 2025; ratio set at 1-for-50.
- Effective at 5:00 p.m. ET on Feb 20, 2025; adjusted trading begins Feb 21 under ticker WINT.
- Aimed at meeting Nasdaq $1.00 minimum bid price requirement; new CUSIP: 97382D600.
- Post-split outstanding shares reduced to approximately 700,000; no fractional shares issued.