other_material
confidence high
sentiment neutral
materiality 0.50
NextCure effects 1:12 reverse stock split effective July 14, 2025
NextCure, Inc.
- Reverse stock split ratio 1:12, effective 12:01 a.m. ET on July 14, 2025.
- Stockholders approved split ratio range of 1:5 to 1:15; Board chose 1:12.
- No fractional shares; cash payment for fractional shares based on closing price prior to effective date.
- Authorized shares remain 100 million; all outstanding options, warrants, and equity plans adjusted proportionally.
- Common stock continues trading under ticker NXTC on Nasdaq Global Select Market.
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