STOCK TITAN

CalciMedica Announces One-for-Five Reverse Stock Split

(Very Negative)

CalciMedica (Nasdaq: CALC) will implement a 1-for-5 reverse stock split of its common stock, effective at 5:00 p.m. ET on August 28, 2026. Post-split, shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market on August 31, 2026 under the symbol CALC with new CUSIP 38942Q301.

The split, approved by stockholders on August 19, 2026 and finalized by the board, is intended to help meet Nasdaq’s minimum bid price requirement. Issued and outstanding shares will be reduced from approximately 34.5 million to 6.9 million, and authorized common shares from 500 million to 100 million, with no change in par value. Fractional shares will be paid in cash.

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Positive

  • 1-for-5 reverse split reduces outstanding shares from ~34.5M to ~6.9M
  • Authorized shares cut from 500M to 100M common shares
  • Nasdaq listing support action intended to meet minimum bid price requirement
  • No percentage ownership change for holders aside from fractional share effects

Negative

  • Reverse split undertaken to address Nasdaq minimum bid price requirement
  • Holders receiving cash for fractional shares will slightly reduce their share count

News Explained

The split changes share counts and derivative terms, but not existing holders’ percentage ownership except for fractional-share effects.

The approved one-for-five reverse stock split is scheduled to take effect at August 28, 2026; it will reduce each holder’s share count proportionally while preserving percentage ownership, subject to cash payments for fractional shares.

The adjustment also applies to outstanding stock options, restricted stock units and warrants: the number of shares they can deliver falls proportionally, while the exercise prices of options and warrants rise proportionally.

Market reaction after 1-for-5 reverse stock split: CALC -20.00% in the Aug 27 session

-20.00% 107.1x vol
30 alerts
-20.00% Session close to close
-11.9% Trough in 5 hr 47 min
$16.31M Market Cap
107.1x Rel. Volume

In the Aug 27 session, CALC declined 20.00%, reflecting a significant negative market reaction. Argus tracked a trough of -11.9% from its starting point during tracking. Our momentum scanner triggered 30 alerts that day, indicating elevated trading interest and price volatility. Trading volume was exceptionally heavy at 107.1x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -20.0% in the session following this news. -25.64% was the 24-hour reaction follow...
Analysis

The stock dropped -20.0% in the session following this news. -25.64% was the 24-hour reaction following both the June 24 financing and KOURAGE development update. A strong negative response would place this announcement alongside prior adverse reactions; the active S-3 is a resale registration, not a company share sale.

Key Figures

Reverse split ratio: 1-for-5 Split-adjusted trading date: August 31, 2026 CUSIP number: 38942Q301 +3 more
6 metrics
Reverse split ratio 1-for-5 Effective August 28, 2026
Split-adjusted trading date August 31, 2026 Trading under existing symbol CALC
CUSIP number 38942Q301 New CUSIP following the reverse split
Authorized shares 500 million to 100 million shares Reduction resulting from the reverse split
Issued and outstanding shares Approximately 34.5 million to approximately 6.9 million shares Shares before and after the reverse split
Stockholder approval date August 19, 2026 Approval at the Annual Meeting of Stockholders

Historical Context

5 past events · Latest: Aug 11 (Negative)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 11 Second-quarter earnings Negative -0.2% Second-quarter results included a wider net loss and a $3.6 million other expense.
Jul 29 FDA trial alignment Positive +3.5% FDA aligned with the Phase 2b acute pancreatitis trial design and endpoints.
Jun 24 Private placement financing Negative -25.6% Private placement financing offered up to approximately $49 million in gross proceeds.
Jun 24 Clinical development update Negative -25.6% KOURAGE enrollment had faced a pause due to a mortality imbalance.
May 12 First-quarter earnings Positive +6.6% First-quarter results reported $5.0 million net income versus a prior-year loss.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The five recent events showed reactions aligned with the reported direction of each catalyst, with positive developments followed by gains and adverse developments followed by declines.

Key Terms

reverse stock split, cusip number, crac channel inhibition
3 terms
reverse stock split financial
"today announced that it will effect a reverse stock split of its issued"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
cusip number financial
"under CalciMedica’s existing trading symbol “CALC” with a new CUSIP number"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
crac channel inhibition technical
"developing novel calcium release-activated calcium (CRAC) channel inhibition therapies"
CRAC channel inhibition is the deliberate blocking of calcium release-activated calcium (CRAC) channels—cell membrane proteins that let calcium flow into cells after internal calcium stores are depleted. Calcium entry through these channels is a key trigger for immune-cell activation and other cellular signals, so inhibiting them acts like turning down a cellular switch that controls inflammation and immune responses. Investors encounter this term when evaluating drugs or therapies that aim to dampen overactive immune signaling in diseases or transplantation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CalciMedica’s Common Stock to Begin Trading on a Post-Split Adjusted Basis on August 31, 2026

LA JOLLA, Calif., Aug. 27, 2026 (GLOBE NEWSWIRE) -- CalciMedica Inc. (“CalciMedica” or the “Company”) (Nasdaq: CALC), a clinical-stage biopharmaceutical company developing novel calcium release-activated calcium (CRAC) channel inhibition therapies for serious inflammatory, immunologic, and cardiopulmonary diseases, today announced that it will effect a reverse stock split of its issued and outstanding common stock, at a ratio of 1-for-5, effective at 5:00 p.m. ET on August 28, 2026.

CalciMedica’s common stock will begin trading on the Nasdaq Capital Market on a split-adjusted basis commencing upon market open on August 31, 2026 under CalciMedica’s existing trading symbol “CALC” with a new CUSIP number, 38942Q301. The reverse stock split was approved by CalciMedica’s stockholders at CalciMedica’s Annual Meeting of Stockholders held on August 19, 2026, with the final ratio subsequently determined by CalciMedica’s Board of Directors. The reverse stock split is intended to bring CalciMedica into compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.

At the effective time of the reverse stock split, every 5 shares of CalciMedica’s issued and outstanding common stock will be automatically combined and converted into one issued and outstanding share of common stock, and the authorized shares of CalciMedica’s common stock will be reduced from 500 million to 100 million shares, without any change in par value per share. The reverse stock split will reduce the number of issued and outstanding shares of common stock from approximately 34.5 million shares to approximately 6.9 million shares. The reverse stock split reduces the number of shares of common stock issuable upon the exercise or vesting of CalciMedica’s outstanding stock options, restricted stock units and warrants in proportion to the ratio of the reverse stock split and causes a proportionate increase in the exercise prices of such stock options and warrants, in accordance with their respective terms and as described in CalciMedica’s proxy statement for its Annual Meeting of Stockholders as filed with the Securities and Exchange Commission on July 23, 2026 (the “Proxy Statement”).

No fractional shares of common stock will be issued as a result of the reverse stock split. Stockholders of record who would otherwise be entitled to receive a fractional share will receive a cash payment in lieu thereof. The reverse stock split impacts all holders of the Company’s common stock proportionally and will not impact any stockholder’s percentage ownership of common stock (except to the extent the reverse stock split results in any stockholder owing only a fractional share).

The Company has chosen its transfer agent, Equiniti Trust Company, LLC (the “Transfer Agent”), to act as exchange agent for the reverse stock split. Stockholders owning shares via a bank, broker or other nominee will have their positions automatically adjusted to reflect the reverse stock split and will not be required to take further action in connection with the reverse stock split, subject to brokers’ particular processes.

Additional information regarding the reverse stock split can be found in the Proxy Statement.

About CalciMedica
CalciMedica is a clinical-stage biopharmaceutical company developing novel calcium release-activated calcium (CRAC) channel inhibition therapies for serious inflammatory, immunologic, and cardiopulmonary diseases. The Company’s pipeline includes Auxora™, its intravenous CRAC channel inhibitor, and CM5480, its oral CRAC channel inhibitor candidate. Auxora has been evaluated in more than 350 patients and is being developed for pulmonary arterial hypertension and acute pancreatitis, including a planned Phase 1b proof-of-concept trial in PAH and a planned Phase 2b trial in acute pancreatitis. CM5480 is being developed for pulmonary hypertension, with an IND submission anticipated in mid-2027. For more information, please visit www.calcimedica.com.

Forward-Looking Statements
This communication contains forward-looking statements which include, but are not limited to, statements regarding the anticipated effects of the reverse stock split on the number of outstanding shares of CalciMedica’s common stock, the anticipated commencement of trading of CalciMedica’s common stock on a split-adjusted basis, the intended purpose and expected benefits of the reverse stock split, including CalciMedica’s ability to regain compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market, the treatment of fractional shares and the proportionate adjustment of outstanding equity awards. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. CalciMedica’s expectations and beliefs regarding these matters may not materialize. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of uncertainties, risks, and changes in circumstances, including but not limited to risks and uncertainties related to: the impact of fluctuations in global financial markets on CalciMedica’s business and the actions it may take in response thereto; CalciMedica’s ability to execute its plans and strategies; expected benefits of the reverse stock split may not be realized; there can be no assurance that the reverse stock split will result in CalciMedica regaining or maintaining compliance with Nasdaq listing requirements; the reverse stock split may not result in an increase in the per share price of CalciMedica’s common stock or such increase may not be sustained; the reverse stock split may decrease the liquidity of CalciMedica’s common stock economic, business, competitive, and/or regulatory factors affecting the business of CalciMedica generally; the impact of government laws and regulations; and CalciMedica’s financial position and need for additional capital. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” in CalciMedica’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, as filed with the SEC on August 11, 2026, and elsewhere in CalciMedica’s subsequent reports on Form 10-K, Form 10-Q or Form 8-K filed with the SEC from time to time and available at www.sec.gov. These documents can be accessed on CalciMedica’s web page at ir.calcimedica.com/financials-filings/sec-filings. The forward-looking statements contained herein are made as of the date hereof, and CalciMedica undertakes no obligation to update them after this date, except as required by law.

Investor Relations Contact
Joyce Allaire
LifeSci Advisors, LLC
jallaire@lifesciadvisors.com


FAQ

What is the reverse stock split ratio for CalciMedica (NASDAQ: CALC) in August 2026?

CalciMedica is implementing a 1-for-5 reverse stock split. According to CalciMedica, every five shares of issued and outstanding common stock will be automatically combined into one share, with no change to the par value per share or proportional ownership, aside from fractional adjustments.

When will CalciMedica (CALC) start trading on a post-split basis after the 2026 reverse split?

CalciMedica common stock will begin trading on a split-adjusted basis on August 31, 2026. According to CalciMedica, the reverse split becomes effective at 5:00 p.m. ET on August 28, 2026, with trading on the Nasdaq Capital Market continuing under ticker CALC.

How many CalciMedica (CALC) shares will be outstanding after the 1-for-5 reverse split?

After the reverse split, CalciMedica expects approximately 6.9 million shares outstanding. According to CalciMedica, this is a reduction from about 34.5 million pre-split shares, reflecting the 1-for-5 ratio, while aiming not to change each stockholder’s percentage ownership, except for fractional shares.

What happens to fractional shares in the CalciMedica (CALC) 2026 reverse stock split?

No fractional CalciMedica shares will be issued; holders receive cash in lieu of fractions. According to CalciMedica, stockholders otherwise entitled to a fractional share after applying the 1-for-5 ratio will be paid cash instead, slightly adjusting their post-split share count.

Why is CalciMedica (CALC) doing a reverse stock split in 2026?

The reverse stock split is intended to help CalciMedica comply with Nasdaq’s minimum bid price requirement. According to CalciMedica, the 1-for-5 split was approved by stockholders and set by the board to support continued listing on the Nasdaq Capital Market.

How will CalciMedica’s authorized shares change after the 1-for-5 reverse split (CALC)?

Authorized common shares will decrease from 500 million to 100 million. According to CalciMedica, this reduction occurs alongside the reverse split, with no change in par value per share, while outstanding shares consolidate from approximately 34.5 million to 6.9 million.

Do CalciMedica (CALC) stockholders need to take action for the 2026 reverse split?

Most CalciMedica stockholders will not need to take action. According to CalciMedica, positions held through banks, brokers, or nominees will be automatically adjusted, subject to each broker’s processes, with Equiniti Trust Company acting as the exchange agent for the reverse split.