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Get filing alertsSCYNEXIS executes 1-for-8 reverse stock split, cuts authorized shares to 18.75M
Filed May 29, 2026 · Period ending May 28, 2026 · ~1 min read
Key Changes
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Company implemented a 1-for-8 reverse stock split effective May 29, 2026, consolidating every eight shares into one. Shareholders' proportional ownership remains unchanged, but share count decreases while per-share price increases proportionally.
Item 5.03 verify on EDGAR → -
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Authorized shares reduced from 150 million to 18.75 million, maintaining the same ratio of authorized-to-outstanding shares post-split. This limits the company's ability to issue new shares without further shareholder approval.
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Stock begins trading on split-adjusted basis June 1, 2026 under existing ticker SCYX with new CUSIP 811292 309. Expect share price to reflect 8x consolidation when market opens.
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2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · May 29, 2026 · How we verify