other material
confidence high
sentiment neutral
materiality 0.55
Processa Pharmaceuticals announces 1-for-25 reverse stock split effective Dec 16, 2025
Processa Pharmaceuticals, Inc.
- Reverse split reduces outstanding shares 25:1; no change to authorized shares (1B).
- Effective 5:00 p.m. ET Dec 16, 2025; split-adjusted trading begins Dec 17, 2025 under symbol PCSA.
- New CUSIP number 74275C403; fractional shares rounded up to nearest whole share.
- Outstanding options, warrants, and RSUs adjusted proportionally per their terms.
- Stockholders' ownership percentages unchanged except for fractional share rounding.