other_material
confidence high
sentiment neutral
materiality 0.60
Dermata Therapeutics to effect 1-for-10 reverse stock split effective August 1, 2025
Dermata Therapeutics, Inc.
- Reverse stock split at 1:10 ratio effective 12:01 a.m. ET on August 1, 2025.
- Every ten outstanding common shares convert to one share; no fractional shares (cash in lieu).
- CUSIP changes to 249845504; trading on Nasdaq on split-adjusted basis expected August 1.
- Board authorized split ratio range of 1:2 to 1:30 at July 15 annual meeting; Board selected 1:10.
- Outstanding stock options and warrants will be adjusted proportionally.
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