Curanex shareholders back 1-for-10 to 1-for-50 reverse stock split to meet Nasdaq $1 bid rule
Curanex Pharmaceuticals Inc. CURX | 0.00 |
- Curanex Pharmaceuticals’ board adopted resolutions on May 31, 2026, later authorized by majority written consent dated June 11, 2026.
- Reverse stock split authorized within a 1-for-10 to 1-for-50 range, with the board to set the final ratio and timing.
- Split framed as a step to regain compliance with Nasdaq’s $1 minimum bid requirement, with an extended deadline of Nov. 2, 2026.
- 2026 Equity Incentive Plan adopted, reserving up to 5,700,000 common shares for equity awards, subject to adjustments and potential annual increases.
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