other material
confidence high
sentiment neutral
materiality 0.50
Matina's BioPharma announces 1-for-15 reverse stock split effective Sept 28, 2026
Matinas BioPharma Holdings, Inc.
- Board approved 1-for-15 reverse stock split; effective 12:01 a.m. ET on Sept 28, 2026.
- Trading on split-adjusted basis under symbol MTNB begins Sept 28; new CUSIP 576810 402.
- No fractional shares issued; stockholders receive proportional cash instead.
- Percentage ownership and voting power unchanged; authorized shares and par value unaffected.
- Company notes no assurance split will enable continued NYSE American listing.