other material
confidence high
sentiment neutral
materiality 0.55
SINTX announces 1-for-200 reverse stock split effective May 28, 2024 to meet Nasdaq bid price rule
Sintx Technologies, Inc.
- Reverse stock split at 1-for-200 ratio effective May 28, 2024 at 12:01 a.m. ET.
- Outstanding shares will reduce from ~123 million to ~0.6 million; fractional shares rounded up.
- Primary intent is to regain compliance with Nasdaq minimum bid price requirement.
- CUSIP changes to 829392703; stock continues trading under symbol 'SINT' on split-adjusted basis.