other material
confidence high
sentiment neutral
materiality 0.45
GRI Bio announces 1-for-28 reverse stock split effective Jan 23, 2026 to regain Nasdaq compliance
GRI Bio, Inc.
- Stockholders approved reverse split at January 15, 2026 special meeting.
- Outstanding shares to reduce from ~15,016,434 to ~536,301; authorized shares unchanged.
- Cash in lieu of fractional shares at closing price on Jan 23, 2026.
- Proportional adjustments to options, warrants, convertible securities and stock plans.
- Trading to begin on split-adjusted basis on Nasdaq under ticker 'GRI' on Jan 26, 2026.