Enlivex Announces 1-for-16 Reverse Share Split Effective Oct. 27, 2026
Bitget2026/10/22 21:17- Enlivex will implement a 1-for-16 reverse share split effective October 27, 2026, when Nasdaq trading begins on a split-adjusted basis.
- Issued and outstanding ordinary shares will fall from 24,511,905 to approximately 1,531,995, subject to fractional-share rounding.
- Authorized ordinary shares will decrease from 158,333,333 to 9,895,833; par value will rise from NIS 6 to NIS 96.
- Fractional shares will round up to whole ordinary shares, with ownership percentages otherwise unchanged.
- Outstanding warrants and options will receive proportionate adjustments to exercise prices and underlying share counts.
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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