NEXGEL Announces 1-for-20 Reverse Stock Split Effectiveness
NEXGEL's 1-for-20 reverse stock split became effective at 12:01 a.m. ET on October 12, 2026, with split-adjusted trading beginning on Nasdaq under the same NXGL symbol and a new CUSIP. The split combines every 20 shares into one, cutting outstanding shares from 9,747,663 to roughly 487,384, with fractional shares rounded up and no cash paid in lieu.
Key figures
- Reverse split ratio
- 1-for-20
- Shares outstanding before
- 9747663
- Shares outstanding after approx
- 487384
AI analysis
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