other material
confidence high
sentiment neutral
materiality 0.60
Valion Bio announces 1-for-25 reverse stock split to regain Nasdaq compliance
Valion Bio, Inc.
- 1-for-25 reverse stock split effective Aug 31, 2026; trading symbol VBIO unchanged, new CUSIP 918942202.
- Split aims to regain Nasdaq $1.00 minimum bid price compliance; prior notice from Nasdaq on Mar 19, 2026, deadline Sep 15, 2026.
- Stockholders approved split at special meeting Aug 14, 2026; fractional shares rounded up, no cash paid.
- Proportionate adjustments to preferred stock, warrants, options, and 2021 equity incentive plan shares.
- Transfer agent Odyssey acts as exchange agent; no action needed for book-entry or broker-held shares.