secwatch.observer — SEC 8-K summary
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Issuer:     Praxis Precision Medicines, Inc. (PRAX)
CIK:        0001689548
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001689548-23-000162
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Praxis Precision Medicines effects 1-for-15 reverse stock split effective Nov 28, 2023
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- Every 15 shares of common stock reclassified into 1 share; no change in authorized shares or par value.
- No fractional shares issued; cash payment based on closing price on Nov 28, 2023.
- Trading on Nasdaq begins split-adjusted on Nov 29, 2023 under same symbol PRAX; new CUSIP 74006W207.
- Updated selected financial data in Exhibit 99.1 retroactively adjusts per-share amounts for the split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1689548/000168954823000162/0001689548-23-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1689548/000168954823000162/prax-20231128.htm
  HTML page:      https://secwatch.observer/filing/0001689548-23-000162

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer