---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-032591"
form_type: "8-K"
ticker: "PALI"
cik: "0001357459"
company_name: "PALISADE BIO, INC."
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:20:48.135465+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Palisade Bio effects 1-for-50 reverse stock split to meet Nasdaq minimum bid price

## Summary
- Reverse split effective 5:00 p.m. ET Nov 15, 2022; common stock trades on split-adjusted basis from Nov 16 under same ticker PALI.
- Outstanding shares reduced from ~77.08M to ~1.54M; authorized shares decreased from 300M to 280M.
- Split intended to raise per-share price above $1 to regain compliance with Nasdaq minimum bid-price listing requirement.
- No fractional shares issued; cash paid in lieu based on Nov 15 closing price.
- Conversion price of Series A Convertible Preferred Stock proportionately adjusted following the reverse split.

## SEC filing metadata
- accession: 0001493152-22-032591
- form_type: 8-K
- ticker: PALI
- cik: 0001357459
- company_name: PALISADE BIO, INC.
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1357459/000149315222032591/0001493152-22-032591-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1357459/000149315222032591/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-032591
- JSON: https://secwatch.observer/filing/0001493152-22-032591.json
- Plain text: https://secwatch.observer/filing/0001493152-22-032591.txt

## Key facts
- Governance Changes
  PALISADE BIO, INC.: Amendment to certificate of incorporation to effect a 1-for-50 reverse stock split and reduce authorized shares of common stock from 300,000,000 to 280,000,000 (effective 2022-11-15).
  - Change: charter amendment
  - Effective: 2022-11-15
  source text: On November 14, 2022, the Company filed an amendment to its amended and restated certificate of incorporation (“Amendment”) with the Secretary of State of Delaware with such Amendment becoming effective at 5:00 p.m. Eastern Time on Tuesday November 15, 2022. The purpose of the Amendment is to (i) effect the Reverse Stock Split and (ii) complete the Authorized Share Reduction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1357459/000149315222032591/0001493152-22-032591-index.htm

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