other material
confidence high
sentiment neutral
materiality 0.40
Intelligent Bio Solutions announces 1-for-10 reverse stock split effective Dec 15, 2025
INTELLIGENT BIO SOLUTIONS INC.
- Reverse split approved by stockholders Oct 16, 2025; ratio set by Board at 1-for-10.
- Shares outstanding to reduce from ~9.6M to ~0.96M; authorized shares unchanged at 100M.
- No fractional shares; cash in lieu paid based on 5-day VWAP preceding split date.
- Trading symbol INBS unchanged; new CUSIP 36151G709; split-adjusted trading starts Dec 16.
- Historical net loss per share retroactively adjusted: FY2025 basic EPS becomes $(20.04) from $(2.00).