other material
confidence high
sentiment negative
materiality 0.70
ZyVersa shareholders approve reverse stock split; board sets 1-for-10 ratio
ZyVersa Therapeutics, Inc.
- Shareholders approved reverse stock split at special meeting on April 17, 2024, with 2,058,182 votes for and 899,831 against.
- Board of directors subsequently authorized a 1-for-10 reverse stock split ratio.
- Reverse stock split effective at 4:01 p.m. ET on April 25, 2024; post-split trading begins April 26, 2024.
- New CUSIP number for common stock after reverse split: 98987D 300.