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8-K filed April 3, 2023, 7:59 PM ET ticker MBIO CIK 0001680048
other material confidence high sentiment neutral materiality 0.60

Mustang Bio effects 15-for-1 reverse stock split to regain Nasdaq compliance

MUSTANG BIO, INC.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MUSTANG BIO, INC.: Filed Certificate of Amendment to effect a 15-for-1 reverse stock split of common stock (effective 2023-04-03).

Change
charter amendment
Effective
2023-04-03
Exact text from the filing
On April 3, 2023, Mustang Bio, Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Amendment ”) to its Amended and Restated Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware to effect a 15-for-1 reverse stock split (the “ Reverse Stock Split ”) of the Company’s shares of common stock, $0.0001 par value (the “ Common Stock ”).
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MUSTANG BIO, INC.: Amended bylaws to change the quorum requirement for stockholder meetings from a majority of outstanding shares to a majority of outstanding voting power (effective 2023-03-28).

Change
bylaw amendment
Effective
2023-03-28
Exact text from the filing
on March 28, 2023, the Board adopted the Amended and Restated Bylaws of the Company (the “ Amended Bylaws ”), effective immediately. The Amended Bylaws modify the Company’s prior bylaws to amend Article II, Section 6 to change the quorum requirement for meetings of stockholders to a majority of the outstanding voting power of the Company, calculated in accordance with the Company’s Amended and Restated Certificate of Incorporation, from a majority of the outstanding shares of stock of the Company issued and outstanding and entitled to vote thereat.
View on SEC.gov

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MUSTANG BIO, INC. filing history →

Source: SEC EDGAR
accession 0001558370-23-005369
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