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confidence high
sentiment neutral
materiality 0.50
Artelo Biosciences announces 1-for-9 reverse stock split effective Aug 28, 2026
ARTELO BIOSCIENCES, INC.
- Reverse split ratio 1-for-9, effective 5:00 p.m. ET Aug 28, 2026; split-adjusted trading begins Aug 31, 2026.
- Outstanding shares reduced from 4,929,966 to ~547,774; authorized shares cut from 500M to 55,555,556.
- New CUSIP 04301G805; no fractional shares, each fractional share rounds up to one whole share.
- Warrants and derivatives adjust per terms; shareholder pro-rata ownership unchanged.
- Purpose: improve marketability and liquidity of common stock.