other material
confidence high
sentiment neutral
materiality 0.65
vTv Therapeutics approves 1-for-40 reverse stock split to regain Nasdaq compliance
vTv Therapeutics Inc.
- Reverse split effective 4:01 PM ET on Nov 20, 2023; post-split trading begins Nov 21.
- Ratio 1-for-40 applies equally to Class A and Class B common stock; fractional shares rounded up.
- Split intended to regain compliance with Nasdaq $1.00 minimum bid price requirement.
- CUSIP for post-split Class A common stock: 91835204; proportionate ownership unchanged.