Polyrizon Ltd. has announced it will implement a reverse share split at a ratio of 1-for-250, consolidating every 250 ordinary shares into one. This change will take effect on May 27, 2025, when trading on the Nasdaq Capital Market will begin under the new share structure. The reverse split will adjust the number of issued and outstanding shares from 1,332,083,023 to 5,328,332. The company's authorized share capital will remain the same, and fractional shares will be rounded to the nearest whole number.
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. Polyrizon Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-046620), on May 22, 2025, and is solely responsible for the information contained therein.