AEON Biopharma Announces 1-For-72 Reverse Stock Split

AEON Biopharma, Inc. Class A

AEON Biopharma, Inc. Class A

AEON

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AEON Biopharma, Inc. (NYSE:AEON) (the "Company"), a clinical-stage biopharmaceutical company focused on developing a botulinum toxin complex under a 351(k) biosimilar pathway, today announced that the Company's Board of Directors approved a 1-for-72 reverse stock split (the "Reverse Stock Split") of the Company's common stock, par value $0.0001 (the "Common Stock"), to increase the selling price of the Company's Common Stock in order to maintain compliance with the requirements and policies of the NYSE American LLC (the "NYSE American").

The Reverse Stock Split will take legal effect at 12:01 A.M. Eastern Time on February 26, 2025, and the Company's Common Stock will open for trading on the NYSE American on February 26, 2025, on a post-split basis, under the existing ticker symbol "AEON" but with a new CUSIP number [00791X 209].

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