secwatch.observer — SEC 8-K summary
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Issuer:     LadRx Corp (—)
CIK:        0000799698
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001493152-23-016244
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LadRx to effect 1-for-100 reverse stock split on May 17, 2023 to support strategic review
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- Reverse split ratio 1-for-100, effective 5:00 a.m. PDT on May 17, 2023; trading begins split-adjusted May 18.
- Outstanding shares reduced from 46,587,391 to approximately 465,587; no change in authorized shares (62,393,940).
- Fractional shares rounded up to next whole share; no fractional shares issued.
- New CUSIP number 232828608; trading symbol LADX unchanged on OTC Markets.
- Split intended to facilitate strategic alternatives including possible up-listing to Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799698/000149315223016244/0001493152-23-016244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799698/000149315223016244/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-016244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer