other material
confidence high
sentiment neutral
materiality 0.55
Aethlon completes 1-for-10 reverse stock split to maintain Nasdaq listing
AETHLON MEDICAL INC
- Reverse stock split approved by stockholders and board; ratio 1-for-10.
- Effective 5:00 p.m. ET on October 4, 2023; trading begins on split-adjusted basis October 5.
- Post-split outstanding shares approximately 2.5 million; new CUSIP 00808Y406.
- Purpose: meet Nasdaq minimum bid price requirement and continue capital market access.
- No fractional shares issued; stockholders receive full share for any fractional interest.