SplitJul 7, 2026, 08:52 AM
Galera Therapeutics Announces 1:200 Reverse Stock Split
AI Summary
Galera Therapeutics, Inc. announced that its board of directors approved a one-for-two hundred (1:200) reverse stock split of its common stock. The reverse stock split is expected to become effective on July 12, 2026, with split-adjusted trading commencing on July 13, 2026. No fractional shares will be issued, with stockholders receiving cash value for any fractional entitlements. The split will also result in proportionate adjustments to shares available under equity incentive plans, outstanding stock options, and warrants.
Key Highlights
- Board approved a one-for-two hundred (1:200) reverse stock split.
- Reverse Stock Split effective July 12, 2026, at 11:59 p.m. Eastern Time.
- Shares to begin trading on a split-adjusted basis July 13, 2026.
- Fractional shares will be paid cash value based on closing price.
- Adjustments to shares under equity plans, stock options, and warrants.
Price Impact
More from GRTX