other material
confidence high
sentiment neutral
materiality 0.60
Enveric Biosciences announces 1-for-15 reverse stock split effective Jan 27, 2025
Enveric Biosciences, Inc.
- Shareholders approved reverse split at a special meeting on Jan 17, 2025; ratio range 1:10 to 1:100.
- Board set ratio at 1-for-15; outstanding shares to reduce from ~10.4M to ~692,580.
- No fractional shares; rounding up to next whole number; authorized shares remain 100M.
- Trading symbol ENVB unchanged; new CUSIP 29405E 406; adjusted trading begins Jan 27.