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.

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