Nektar Therapeutics Amends Bylaws, Increases Authorized Shares and Announces Reverse Stock Split
Nektar Therapeutics announced amendments to its bylaws, including an increase in authorized common stock shares from 300 million to 390 million, effective June 6, 2025. Additionally, a reverse stock split at a ratio of one-for-fifteen will take effect on June 8, 2025, consolidating every fifteen shares into one. Trading on a split-adjusted basis will begin on June 9, 2025, under the existing symbol "NKTR" with a new CUSIP number.
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