other material
confidence high
sentiment neutral
materiality 0.60
Gossamer Bio effects 1-for-80 reverse stock split to regain Nasdaq compliance
Gossamer Bio, Inc.
- 1-for-80 reverse split effective 9/10/2026; split-adjusted trading begins 9/11 under GOSS, new CUSIP 38341P 201.
- Authorized common reduced from 4B to 50M shares; total capital stock from 4.07B to 120M.
- Convertible note conversion rates (5.00% 2027, 7.50% 2030 notes) and warrant/equity award exercise prices proportionally adjusted.
- Intended to regain Nasdaq $1.00 minimum bid price; needs 10 consecutive days by compliance date Oct 5, 2026.