SplitJun 5, 2026, 04:13 PM
Femasys Inc. Implements 1-for-20 Reverse Stock Split
AI Summary
Femasys Inc. filed a Certificate of Amendment on June 5, 2026, to effect a 1-for-20 reverse stock split of its outstanding common stock, which became effective at 8:40 a.m. Eastern Time on the same day. This action, authorized by stockholders on April 29, 2026, combines every 20 shares into one without changing the par value. Proportionate adjustments will be made to equity awards and shares reserved under equity compensation plans, with fractional shares rounded up. The company's common stock will commence trading on The Nasdaq Capital Market on a split-adjusted basis on June 8, 2026.
Key Highlights
- Femasys Inc. implemented a 1-for-20 reverse stock split effective June 5, 2026, at 8:40 a.m. ET.
- Every 20 shares of common stock were automatically combined into one outstanding share.
- The reverse split was authorized by stockholders at a special meeting on April 29, 2026.
- Proportionate adjustments will be made to outstanding stock options, RSUs, and warrants.
- Fractional shares resulting from the split will be rounded up to the next whole share.
- Common stock will begin trading on The Nasdaq Capital Market on a split-adjusted basis on June 8, 2026.
- The new CUSIP number for the common stock following the split is 31447E 204.
Price Impact
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