other_material
confidence high
sentiment neutral
materiality 0.60
Calidi Biotherapeutics effects 1-for-12 reverse stock split effective August 4, 2025
Calidi Biotherapeutics, Inc.
- Reverse stock split at ratio 1-for-12 became effective on August 4, 2025.
- No fractional shares issued; rounding up to nearest whole share; authorized shares unchanged at 330M common, 1M preferred.
- Stock continues trading under symbol CLDI on NYSE American with new CUSIP 320703408.
- Company states reverse split aims to optimize market dynamics and broaden investor appeal.
- All outstanding equity awards adjusted proportionally to reflect the reverse stock split.
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