other material
confidence high
sentiment neutral
materiality 0.60
Gossamer Bio announces 1-for-80 reverse stock split to regain Nasdaq compliance
Gossamer Bio, Inc.
- Board selected 1-for-80 ratio; effective 11:59 p.m. ET on Sept 10, 2026.
- Split-adjusted trading begins Sept 11, 2026 on Nasdaq under GOSS, new CUSIP 38341P 201.
- Authorized common shares reduced from 4,000,000,000 to 50,000,000; total capital stock to 120,000,000.
- Convertible notes, warrants, and equity awards proportionately adjusted for the 1-for-80 ratio.
- Move aims to regain Nasdaq minimum bid price compliance; fractional shares rounded up.