Mymetics completes 1-for-2,000 reverse split; to deregister and cease SEC reporting

MYMETICS CORP

Reverse stock split effective Dec 28, 2023; every 2,000 pre-split shares become 1 share.
Fractional shares cashed out at $0.0023 per pre-split share (30% premium over 25-day VWAP).
Shareholder count fell below 300 as a result of the split.
Company to file Form 15 on Jan 2, 2023 to terminate SEC registration and stop reporting.
Shares will no longer be eligible for OTCQB quotation after deregistration.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MYMETICS CORP: Filed Certificate of Amendment to Certificate of Incorporation to effectuate a 1-for-2,000 reverse stock split (effective 2023-12-28).

Change: charter amendment
Effective: 2023-12-28

Exact text from the filing

On December 27, 2023, the Company filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of Delaware to effectuate the Reverse Stock Split, and such amendment was effective as of 12:01 a.m. on December 28, 2023.

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Source: SEC EDGAR

accession 0001654954-23-016019

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