other material
confidence high
sentiment neutral
materiality 0.50
Curanex Pharmaceuticals announces 1-for-20 reverse stock split effective Aug 20, 2026
Curanex Pharmaceuticals Inc
- 1-for-20 reverse stock split effective 12:01 a.m. PT on Aug 20, 2026; Nasdaq trading begins split-adjusted that day.
- Pre-split shares ~31,364,812; post-split ~1,568,241 shares outstanding.
- Purpose: regain compliance with Nasdaq's $1.00 minimum bid price rule (Listing Rule 5550(a)(2)).
- No fractional shares; fractional interests rounded up to whole share; new CUSIP number assigned.
- Authorized shares remain 475,000,000; par value $0.0001 unchanged; equity awards proportionally adjusted.