other material
confidence high
sentiment neutral
materiality 0.55
Lixte Biotechnology Holdings effects 1-for-10 reverse stock split
LIXTE BIOTECHNOLOGY HOLDINGS, INC.
- Reverse stock split effective June 2, 2023; every 10 shares combined into 1.
- Stockholders approved the split at a Special Meeting on May 26, 2023.
- Common stock begins trading on Nasdaq on a split-adjusted basis June 5, 2023.
- No fractional shares issued; any fractional share rounded up to nearest whole share.
- Proportionate adjustments made to options, warrants, and Series A Preferred conversion.