other material
confidence high
sentiment neutral
materiality 0.50
Evofem stockholders approve reverse stock split (1:500–1,500) and elect four directors
Evofem Biosciences, Inc.
- Stockholders approved reverse stock split of Common Stock at ratio between 1:500 and 1:1,500, with Board discretion to implement by Nov 2026.
- Four directors elected to Class I/II: Kamdar, Rutherford, Rarick, O'Brien; each received over 167M votes for.
- Say-on-pay and 2025 Equity Incentive Plan both approved; BPM LLP ratified as auditor.
- Series E-1 and G-1 preferred stockholders unanimously voted for reverse split.