other_material
confidence high
sentiment neutral
materiality 0.50
Lunai Bioworks announces 1-for-8 reverse stock split effective May 22, 2026
Lunai Bioworks Inc.
- Reverse split ratio set at 1-for-8; stockholder approval obtained on May 8, 2026.
- Shares outstanding will reduce from ~36.27M to ~4.53M; fractional shares rounded up.
- Split aims to regain compliance with Nasdaq minimum bid price of $1.00 per share.
- New CUSIP number 29350E302; trading symbol LNAI unchanged.
- Previous 1-for-10 reverse split was effected on September 30, 2025.
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