Veru Inc. effects 1-for-10 reverse stock split to regain Nasdaq $1 compliance

VERU INC.

Reverse split effective 11:59 pm CT on August 8, 2025; shares trade split-adjusted Aug 11.
Shareholders approved split at July 25 special meeting; board selected 1-for-10 ratio.
No fractional shares; shareholders receive cash in lieu; ownership % unchanged except cash.
Reverse split does not change authorized shares or par value ($0.01).
Split intended to meet Nasdaq $1.00 minimum bid price requirement.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

VERU INC.: Articles of Amendment filed to effect a 1-for-10 reverse stock split of the common stock, effective 11:59 pm CT on August 8, 2025 (effective 2025-08-08).

Change: charter amendment
Effective: 2025-08-08

Exact text from the filing

On August 8, 2025, Veru Inc. (the "Company") filed Articles of Amendment to the Company's Amended and Restated Articles of Incorporation to effect a 1-for-10 reverse stock split (the "Reverse Stock Split") of the Company's issued and outstanding shares of common stock, par value $0.01 per share (the "Common Stock"), effective 11:59 pm CT on August 8, 2025 (the “Effective Time”).

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VERU INC. filing history →

Source: SEC EDGAR

accession 0001437749-25-026037

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