other material
confidence high
sentiment negative
materiality 0.80
Ginkgo Bioworks shareholders approve reverse split; board sets 1:40 ratio
Ginkgo Bioworks Holdings, Inc.
- Reverse stock split approved by shareholders (4.7B votes for); board set ratio at 1:40.
- Split effective Aug 19; shares trade split-adjusted Aug 20 under symbol DNA.
- Every 40 shares of Common Stock combined into 1; fractional shares paid in cash.
- Warrants adjusted: exercise price $460/share (or $11.50 per warrant); 40 warrants per share.