other material
confidence high
sentiment neutral
materiality 0.50
Hepion Pharmaceuticals implements 1-for-50 reverse stock split effective March 17, 2025
Hepion Pharmaceuticals, Inc.
- Every 50 pre-split shares reclassified into 1 share; par value unchanged at $0.0001.
- Authorized shares of common and preferred stock remain unchanged.
- No fractional shares issued; stockholders receive cash in lieu of fractions.
- Outstanding options and warrants adjusted proportionately; exercise prices increased.
- New CUSIP number is 426897401; stock continues trading on Nasdaq Capital Market.