other material
confidence high
sentiment neutral
materiality 0.70
Senti Biosciences effectuates 1-for-10 reverse stock split effective July 17, 2024
Senti Biosciences, Inc.
- Reverse stock split at 1-for-10 ratio approved by Board on July 10, 2024.
- Effective 5:00 p.m. ET on July 17, 2024; trading on split-adjusted basis begins July 18 under symbol SNTI.
- No fractional shares issued; cash payment in lieu at July 17 closing price.
- Authorized shares and par value remain unchanged; new CUSIP is 81726A209.
- Reverse split intended to maintain Nasdaq listing compliance; proportional adjustments to equity awards.