Dermata <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Announces 1:10 Reverse Stock Split Effective August 1, 2025
Dermata Therapeutics Inc. has announced a one-for-10 reverse stock split of its common stock, effective August 1, 2025. The reverse split will consolidate every ten shares into one, with trading on a split-adjusted basis expected to commence on the Nasdaq Capital Market. The move will not alter the par value or authorized number of shares. Stockholders granted the board the discretion to implement the reverse split within a specified ratio range, with the board approving the final ratio. Fractional shares will be compensated with cash payments.
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. Dermata Therapeutics Inc. 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: 0001641172-25-021501), on July 30, 2025, and is solely responsible for the information contained therein.
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