Soligenix to effect 1-for-16 reverse stock split effective June 5, 2024

SOLIGENIX, INC.

Reverse stock split at 1-for-16 ratio; effective 4:00 p.m. EST June 5, 2024.
Outstanding shares to reduce from 15,799,837 to ~987,490 (fractional shares rounded up).
Common stock begins trading on split-adjusted basis June 6, 2024 under ticker SNGX; new CUSIP 834223 604.
Stockholders approved reverse split at annual meeting; board set ratio at 1-for-16.
Proportionate adjustments to equity awards and warrants exercise prices.

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