other material
confidence high
sentiment neutral
materiality 0.78
Impact BioMedical completes 1-for-12.62 reverse stock split effective September 23, 2026
IMPACT BIOMEDICAL INC.
- Reverse split ratio is 1-for-12.62, effective 12:01 A.M. EST on September 23, 2026; IBO began trading split-adjusted on NYSE American.
- Outstanding shares fell from about 107.8 million to about 8.6 million; authorized shares, $0.001 par value, and voting rights were unchanged.
- New CUSIP is 45259L304; Equiniti Transfer & Trust Company is exchange agent; no fractional shares were issued, with fractional holders receiving one full share.
- Board approved reverse split on November 24, 2025, and majority stockholders approved it on December 30, 2025, with CEO given discretion on ratio.
- Nevada Secretary of State clerical error delayed the file-stamped Amendment until October 6, 2026, after effectiveness on September 23, 2026.