other material
confidence high
sentiment neutral
materiality 0.55
Valion Bio stockholders authorize 1-for-5 to 1-for-50 reverse stock split
Valion Bio, Inc.
- Special meeting Aug 14, 2026: reverse split proposal approved with 1,243,530 for, 697,127 against, 60,678 abstain.
- Board has 12 months to set split ratio within 1-for-5 to 1-for-50 range without further stockholder approval.
- Quorum was 48.21% (2,001,335 of 4,151,259 outstanding common shares represented).
- Adjornment proposal also passed (1,242,980 for) but not used since Proposal 1 passed.