Sunshine Biopharma executes 1-for-10 reverse stock split effective June 1 to maintain Nasdaq listing

Sunshine Biopharma Incorporated

Sunshine Biopharma Incorporated

SBFM

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  • Sunshine Biopharma set a 1-for-10 reverse stock split, effective at the June 1, 2026 market open.
  • Move targets regained compliance with Nasdaq’s minimum bid-price requirement for continued listing.
  • Issued and outstanding common shares to fall to about 2,123,635 from 21,236,346.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunshine Biopharma Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605280900ACCESSWRNAPR_____1171394) on May 28, 2026, and is solely responsible for the information contained therein.