---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-017302"
form_type: "8-K"
ticker: "VXRT"
cik: "0000072444"
company_name: "Vaxart, Inc."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:53:53.487682+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Vaxart narrows reverse split range to max 1-for-20; proposes proportional authorized share reduction

## Summary
- Board narrowed proposed reverse split range: no ratio higher than 1-for-20.
- If reverse split passes, authorized shares will be proportionally reduced at a future stockholder meeting.
- Company urges stockholders to vote 'FOR' Proposal #2 by May 20, 2025, to avoid Nasdaq delisting.
- Leading proxy advisors ISS and Glass Lewis support Proposal #2.
- Proxy supplement filed; board cites stockholder input as reason for amendments.

## SEC filing metadata
- accession: 0001437749-25-017302
- form_type: 8-K
- ticker: VXRT
- cik: 0000072444
- company_name: Vaxart, Inc.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72444/000143774925017302/0001437749-25-017302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72444/000143774925017302/vxrt20250515c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-017302
- JSON: https://secwatch.observer/filing/0001437749-25-017302.json
- Plain text: https://secwatch.observer/filing/0001437749-25-017302.txt

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