---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-013336"
form_type: "8-K"
ticker: "PALI"
cik: "0001357459"
company_name: "PALISADE BIO, INC."
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T01:42:26.020382+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Palisade Bio completes 1-for-15 reverse stock split to meet Nasdaq minimum bid price

## Summary
- 1-for-15 reverse split effective April 5, 2024; shares reduced from 12,771,015 to ~851,401.
- Split approved by shareholders on March 25, 2024; trading begins split-adjusted April 8 under PALI.
- Primary purpose: increase per-share price to regain compliance with Nasdaq's $1.00 minimum bid requirement.
- No fractional shares issued; cash paid in lieu of fractional interests.
- Conversion/exercise prices of preferred stock, warrants, and options proportionally adjusted by factor of 15.

## SEC filing metadata
- accession: 0001493152-24-013336
- form_type: 8-K
- ticker: PALI
- cik: 0001357459
- company_name: PALISADE BIO, INC.
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1357459/000149315224013336/0001493152-24-013336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1357459/000149315224013336/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-013336
- JSON: https://secwatch.observer/filing/0001493152-24-013336.json
- Plain text: https://secwatch.observer/filing/0001493152-24-013336.txt

## Key facts
- Governance Changes
  PALISADE BIO, INC.: Filed amendment to certificate of incorporation to effect a 1-for-15 reverse stock split, effective April 5, 2024 (effective 2024-04-05).
  - Change: charter amendment
  - Effective: 2024-04-05
  source text: On April 2, 2024, the Company filed an amendment to its amended and restated certificate of incorporation, as amended (the "Amendment") with the Secretary of State of Delaware with such Amendment becoming effective at 5:00 p.m. Eastern Time on Friday, April 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1357459/000149315224013336/0001493152-24-013336-index.htm

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