other material
confidence high
sentiment neutral
materiality 0.50
Protagenic Therapeutics effects 1-for-14 reverse stock split to meet Nasdaq bid price rule
Protagenic Therapeutics, Inc.new
- Reverse stock split at 1-for-14 ratio effective 12:01 a.m. ET on May 5, 2025.
- Approved by stockholders at April 18, 2025 special meeting; board set ratio to comply with Nasdaq Rule 5550(a)(2).
- Common stock trades on Nasdaq under symbol PTIX with new CUSIP 74365N301; warrants continue under PTIXW.
- Fractional shares rounded up; proportionate adjustments to outstanding options, warrants, and RSUs.