other_material
confidence high
sentiment neutral
materiality 0.50
Salarius Pharmaceuticals effects 1-for-15 reverse stock split to regain Nasdaq compliance
Decoy Therapeutics Inc.
- Reverse split effective 5:00 p.m. ET on August 15, 2025; trading on split-adjusted basis from August 18, 2025.
- Shares outstanding reduced from ~7.6M to ~509,000; no fractional shares, cash in lieu paid.
- New CUSIP number 79400X503; authorized shares and par value unchanged.
- Split approved by stockholders at July 8, 2025 special meeting; ratio set by Board.
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