Longeveron announces 1-for-10 reverse stock split effective Aug. 26

Reuters2026/08/24 20:05

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Longeveron will execute a 1-for-10 reverse stock split of its Class A and Class B common stock.
The split takes effect at 11:59 p.m. ET on Aug. 26, 2026; Class A trading adjusts on Nasdaq at the Aug. 27 open.
The action targets Nasdaq’s $1 minimum bid requirement; Class A keeps ticker LGVN, shifts to CUSIP 54303L 302.
Outstanding Class A shares fall to about 3,043,298 from about 30,432,974; Class B to about 144,901 from about 1,449,005.
Warrants, options, equity awards, and plan share limits will be proportionally adjusted to preserve economic value.

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. Longeveron Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608241605PRIMZONEFULLFEED9815075) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Longeveron announces 1-for-10 reverse stock split effective Aug. 26

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