SenesTech announces 1-for-12 reverse stock split effective Nov 16, 2023

SenesTech, Inc.

Split ratio 1:12; effective 4:01 p.m. ET Nov 16; split-adjusted trading begins Nov 17.
Outstanding shares reduced from 5,899,060 to approx 491,589; par value unchanged.
Fractional shares: rounded up for direct holders, rounded down for equity awards under 2018 plan.
New CUSIP for common stock post-split: 81720R 505.
Proportional adjustments to equity awards and warrants, exercise prices adjusted.

Key facts

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

SenesTech, Inc.: Filed an amendment to the Certificate of Incorporation to effect a 1-for-12 reverse stock split, effective 4:01 p.m. ET on November 16, 2023 (effective 2023-11-16).

Change: charter amendment
Effective: 2023-11-16

Exact text from the filing

On November 7, 2023, our Reverse Split Committee of our Board of Directors approved a final split ratio of one-for-twelve (1:12). Following such approval, we filed an amendment to the Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware on November 14, 2023 to effect the reverse stock split, with an effective time of 4:01 p.m., Eastern Time on November 16, 2023.

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Source: SEC EDGAR

accession 0001628280-23-039088

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