Artelo Biosciences sets 1-for-9 reverse stock split
Artelo Biosciences, Inc. (ARTL) approved a 1-for-9 reverse stock split of its common stock.
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Rhea-AI Filing Summary
Artelo Biosciences, Inc. (ARTL) approved a 1-for-9 reverse stock split of its common stock. The common stock is expected to begin trading on a split-adjusted basis on August 31, 2026 on the Nasdaq Capital Market.
Every nine shares of issued and outstanding common stock will be automatically combined into one share, with no fractional shares issued; holders otherwise entitled to a fraction will receive one whole share. The company states that each shareholder’s pro-rata ownership will remain unchanged, and all outstanding warrants and other derivatives will automatically adjust to reflect the reverse split. Immediately after effectiveness, there will be approximately 547,774 shares of common stock issued and outstanding.
Filing Explained
The company says the 1-for-9 reverse split is intended to raise the per-share price and improve marketability and liquidity; the split itself does not change the company’s value.
Key Figures
Key Terms
reverse stock split financial
split-adjusted basis financial
warrants financial
lipid-signaling pathways medical
Stock Split
FAQ
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Filing Exhibits & Attachments
7 documentsPress Releases
Other Documents
- EX-3.1 CERTIFICATE OF CHANGE 1.7 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
- EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 15.4 KB
- EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 898 B
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 9.8 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 2.0 KB
