other material
confidence high
sentiment neutral
materiality 0.65
X4 Pharma stockholders approve reverse stock split; ratio 1:15 to 1:30 to be set by board
X4 Pharmaceuticals, Inc
- Special meeting held April 17, 2025; ~79% of outstanding shares (137.2M of 173.7M) present, forming quorum.
- Reverse split approved: 113.0M FOR, 24.0M AGAINST, 224k abstentions; no broker non-votes.
- Amendment authorizes board to set exact ratio between 1-for-15 and 1-for-30.
- Related Proposal 2 was not presented because Proposal 1 passed.