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confidence high
sentiment neutral
materiality 0.45
Calidi Biotherapeutics announces 1-for-10 reverse stock split effective July 15, 2024
Calidi Biotherapeutics, Inc.
- Reverse stock split at a 1-for-10 ratio, effective 12:01 a.m. ET on July 15, 2024.
- Stockholder approval obtained at special meeting on June 6, 2024; Board set ratio at 1:10.
- No fractional shares will be issued; fractional shares rounded up to the next whole number.
- Authorized shares of common stock remain unchanged at 330,000,000 shares.
- Trading symbol remains CLDI; new CUSIP number for common stock is 320703309.