other material
confidence high
sentiment neutral
materiality 0.45
Matinas BioPharma effects 1-for-15 reverse stock split on Sept 28, 2026; CUSIP changes to 576810 402
Matinas BioPharma Holdings, Inc.
- Certificate of Amendment filed with Delaware on Sept 25, 2026; split effective 12:01 a.m. ET Sept 28, 2026, with NYSE American trading on a split-adjusted basis at the open.
- Every 15 shares of $0.0001 par value common stock converted into 1 share; no fractional shares issued, with holders receiving a proportional cash payment instead.
- Par value and authorized share count unchanged; outstanding options, warrants and convertible preferred stock were proportionally adjusted.
- Stockholders approved the amendment at the June 23, 2025 annual meeting; the Board authorized the filing on Sept 16, 2026.