StockWatch
·
Biotechnology: Biological Products (No Diagnostic Substances)
AGM/EGMOct 26, 2026, 04:07 PM

Silexion Therapeutics Shareholders Approve Share Capital Increase and Reverse Split

AI Summary

Silexion Therapeutics Corp held an extraordinary general meeting where shareholders approved a significant increase in authorized share capital and a reverse stock split. The authorized share capital was increased by 500,000,000 ordinary shares, and a 1-for-24 reverse stock split was approved. Both proposals passed with strong majority support from the shareholders present.

Key Highlights

  • Silexion Therapeutics Corp shareholders approved an increase in authorized share capital by 500,000,000 ordinary shares.
  • Shareholders approved a reverse share split of 1-for-24, consolidating ordinary shares to a par value of $3.24.
  • The authorized share capital increase was approved with 95.4% of votes in favor.
  • The reverse share split proposal received 97.7% of votes in favor.
  • Approximately 18.6% of the Company’s issued and outstanding ordinary shares were present at the meeting.