other material
confidence high
sentiment neutral
materiality 0.55
Instil Bio announces 1-for-20 reverse stock split approved by Audit Committee
Instil Bio, Inc.
- Audit Committee approved a 1-for-20 reverse stock split, with ratio determined per prior stockholder authorization.
- Approval occurred on November 21, 2023; no effective date disclosed.
- Reverse split follows annual meeting authorization at ratio range of 1-for-10 to 1-for-30.