secwatch.observer — SEC 8-K summary
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Issuer:     SOLIGENIX, INC. (SNGX)
CIK:        0000812796
Form:       8-K
Filed at:   2022-12-27T23:59:59+00:00
Accession:  0001558370-22-018987
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Soligenix declares Series D Preferred Stock dividend to enable reverse stock split vote for Nasdaq compliance
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- Record date Jan 3, 2023; distribution Jan 4, 2023; each common share gets 1/1000th of Series D.
- Series D carries 1,000 votes per share on reverse stock split proposal only.
- Company received Nasdaq deficiency letter for minimum bid price non-compliance.
- Reverse stock split needed to maintain listing; stock price did not respond as hoped despite NDA submission.
- Unredeemed Series D shares redeemed automatically upon stockholder approval of reverse split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812796/000155837022018987/0001558370-22-018987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812796/000155837022018987/tmb-20221221x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018987

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