other material
confidence high
sentiment neutral
materiality 0.65
Cyclacel announces 1-for-16 reverse stock split effective May 12, 2025 to meet Nasdaq bid price requirement
Bio Green Med Solution, Inc.
- Reverse split ratio of 1-for-16; effective May 12, 2025 at market open.
- Pre-split shares: 356,357,531; post-split shares: 22,272,346 (rounded).
- No fractional shares; rounding rules apply for shares half or more/less than half.
- CUSIP changes to 23254L884; trading symbol remains CYCC on Nasdaq Capital Market.
- Split approved by board and stockholders to regain compliance with Nasdaq minimum bid price.