other material
confidence high
sentiment neutral
materiality 0.70
Creative Medical announces 1-for-500 reverse stock split; authorized shares cut to 50M
CREATIVE MEDICAL TECHNOLOGY HOLDINGS, INC.
- Reverse split at 1:500 effective Nov 10, 2021; outstanding shares reduced from ~1.23B to ~2.45M.
- Authorized shares reduced from 25B to 50M via Certificate of Change filed Nov 8, 2021.
- Temporary ticker changes to CELZD for up to 20 business days or until Nasdaq listing.
- Split intended to meet Nasdaq minimum bid price requirement for planned uplisting from OTC.
- No fractional shares; any fractional interest rounded up to one whole share.