STOCK TITAN

Curanex (NASDAQ: CURX) consolidates stock 20‑for‑1 to aid Nasdaq compliance

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Curanex Pharmaceuticals Inc approved and implemented a 1-for-20 reverse stock split of its common stock. A Certificate of Amendment was filed in Nevada to make the reverse split effective at 12:01 a.m. Pacific Time on August 20, 2026.

After effectiveness, every 20 shares of common stock outstanding will automatically convert into one share, resulting in approximately 1,568,241 shares outstanding, based on 31,364,812 shares before the split. Authorized common stock of 475,000,000 shares, authorized preferred stock of 25,000,000 shares, and the $0.0001 par value per share remain unchanged. Fractional shares will be rounded up to the nearest whole share. The purpose of the reverse split is to help regain compliance with Nasdaq’s $1.00 minimum bid price requirement, and the stock will continue to trade under the symbol CURX with a new CUSIP number.

Positive

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Negative

  • None.

Filing Explained

The share-count consolidation is filed but remains pending until August 20, 2026, when the 1-for-20 holder and award adjustments are scheduled.

As an 8-K, this report identifies a material event: Curanex filed the amendment for a 1-for-20 reverse split on August 14, 2026, but it is scheduled to become effective at 12:01 a.m. Pacific Time on August 20, 2026; the share-count change is therefore still pending.

A reverse split consolidates shares rather than issuing new ones: at effectiveness, every 20 outstanding common shares will convert into one, with approximately 1,568,241 shares expected from 31,364,812 pre-split shares, subject to adjustments.

The 475,000,000 authorized common shares, 25,000,000 authorized preferred shares, and common-stock par value remain unchanged; outstanding Series A preferred shares are also unchanged, while equity-award share amounts and applicable exercise or grant prices will be adjusted proportionately.

Fractional common shares will be rounded up to one whole share without cash payment, and the transfer agent will provide exchange instructions; trading on a reverse-split-adjusted basis is expected to begin when the market opens on August 20, 2026.

Item 3.03 Material Modification to Rights of Security Holders Securities
A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Reverse split ratio 1-for-20 Ratio of the reverse stock split approved by the board
Pre-split shares outstanding 31,364,812 shares Common stock outstanding immediately prior to the Effective Time
Post-split shares outstanding 1,568,241 shares Approximate common stock outstanding after applying the 1-for-20 reverse split
Authorized common stock 475,000,000 shares Total number of shares of common stock authorized for issuance
Authorized preferred stock 25,000,000 shares Total number of preferred shares authorized for issuance
Par value per share $0.0001 Par value of both common and preferred stock, unchanged by the reverse split
Minimum bid price requirement $1.00 Nasdaq Listing Rule 5550(a)(2) minimum bid price for continued listing
Effective time 12:01 a.m. Pacific Time on August 20, 2026 Time when the Certificate of Amendment and reverse stock split become effective
reverse stock split financial
"approved a reverse stock split of the issued and outstanding shares"
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.
Nasdaq Listing Rule 5550(a)(2) regulatory
"to regain compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2)"
CUSIP financial
"under the existing trading symbol “CURX” but having a new CUSIP number"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
Certificate of Amendment regulatory
"filed the Certificate of Amendment with the Nevada Secretary of State"
A certificate of amendment is an official filing that updates a company’s founding documents—its legal “rulebook” that sets share structure, voting rules, name and basic purpose. Think of it like changing the blueprint of a building: small changes are paperwork, big ones can alter who owns how much and who controls decisions. Investors watch these filings because they can affect share counts, voting power, dilution and company value.
Equity Incentive Plan financial
"outstanding equity awards under the Company’s 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

FAQ

What reverse stock split did Curanex Pharmaceuticals (CURX) approve and implement?

Curanex Pharmaceuticals approved and implemented a 1-for-20 reverse stock split of its common stock. Every 20 shares outstanding will convert into one share, consolidating the share count while leaving authorized shares and par value unchanged.

When does the Curanex (CURX) reverse stock split become effective?

The reverse stock split becomes effective at 12:01 a.m. Pacific Time on August 20, 2026. CURX common stock is expected to begin trading on a reverse split-adjusted basis on Nasdaq when the market opens that same day.

How many Curanex (CURX) shares will be outstanding after the reverse stock split?

After the reverse stock split, there will be approximately 1,568,241 shares of common stock outstanding. This is based on 31,364,812 shares outstanding immediately before the split, applying the 1-for-20 conversion ratio.

What is the purpose of Curanex’s (CURX) reverse stock split?

The stated purpose of the reverse stock split is to help regain compliance with Nasdaq’s $1.00 minimum bid price requirement. This requirement is set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market.

How will fractional shares be handled in the Curanex (CURX) reverse stock split?

No fractional shares will be issued; instead, any fractional amounts will be rounded up to the nearest whole share. Stockholders who would otherwise receive a fractional share will receive one full share, with no cash paid for fractional amounts.

Does the Curanex (CURX) reverse stock split change authorized share counts or preferred stock?

The reverse stock split does not change authorized share counts. Authorized common stock remains at 475,000,000 shares, authorized preferred stock at 25,000,000 shares, and issued and outstanding shares of Series A Preferred Stock remain unchanged.

Will Curanex (CURX) change its trading symbol due to the reverse stock split?

The trading symbol will remain CURX after the reverse stock split. However, the common stock is expected to trade with a new CUSIP number on a reverse split-adjusted basis starting August 20, 2026.

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

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 14, 2026

 

Curanex Pharmaceuticals Inc

(Exact name of registrant as specified in its charter)

 

Nevada   001-42815   83-0741390

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

2 Jericho Plaza, Suite 101B

Jericho, NY

  11753
(Address of principal executive offices)   (Zip Code)

 

(718) 673-6078

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of exchange on which registered
Common Stock, par value $0.0001 per share   CURX   The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 3.03.Material Modification to Rights of Security Holders.

 

The information set forth in Item 5.03 of this Current Report on Form 8-K is incorporated by reference herein.

 

Item 5.03.

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

As previously disclosed by Curanex Pharmaceuticals Inc (the “Company”), on May 31, 2026, the board of directors of the Company (the “Board”) approved by unanimous written consent, and on June 11, 2026, holders of a majority of the outstanding voting power of the Company, acting by written consent, in accordance with the applicable provisions of the Nevada Revised Statutes (“NRS”) and the Company’s Amended and Restated Articles of Incorporation, as amended (the “Articles of Incorporation”), and its Bylaws, approved a reverse stock split of the issued and outstanding shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), at a ratio of not less than 1-for-10 and not more than 1-for-50 (the “Reverse Split Range”) and a form of a Certificate of Amendment to the Articles of Incorporation (the “Certificate of Amendment”), and granted the Board the discretionary authority to determine the exact ratio of a reverse stock split within the Reverse Split Range and to effect a reverse stock split at such time and date, if at all, as to be determined by the Board in its sole discretion. On July 22, 2026, the Board approved, by unanimous written consent, a 1-for-20 reverse stock split (the “Reverse Stock Split”) of the issued and outstanding shares of the Company’s Common Stock.

 

On August 14, 2026, the Company filed the Certificate of Amendment with the Nevada Secretary of State in accordance with NRS 78.390, to become effective at 12:01 a.m. Pacific Time on August 20, 2026 (the “Effective Time”), implementing the Reverse Stock Split. After the Effective Time, it is expected the Common Stock will begin trading on Nasdaq on a reverse split-adjusted basis when the market opens on August 20, 2026, under the existing trading symbol “CURX” but having a new CUSIP number.

 

At the Effective Time, every 20 shares of Common Stock issued and outstanding will be automatically converted into one (1) issued and outstanding share of Common Stock, resulting in approximately 1,568,241 shares of Common Stock, subject to adjustments (based on 31,364,812 shares of Common Stock outstanding immediately prior to the Effective Time). The total number of shares of Common Stock authorized for issuance, 475,000,000 shares, and the par value per share of the Common Stock, $0.0001 will remain unchanged.

 

In addition, as a result of the effectiveness of the Reverse Stock Split, proportionate adjustments will be made to the number of shares of Common Stock underlying the Company’s outstanding equity awards under the Company’s 2026 Equity Incentive Plan as well as the exercise and grant prices of such equity awards, as applicable. The total number of shares of the Company’s preferred stock, par value $0.0001 per share, authorized for issuance will remain at 25,000,000. Furthermore, no change will be made to the number of issued and outstanding shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

 

No fractional shares will be issued in connection with the Reverse Stock Split. Stockholders who would otherwise be entitled to receive fractional shares as a result of the Reverse Stock Split will be entitled to have such fractional share rounded up to the nearest whole share and, as such, any stockholder who otherwise would have held a fractional share after giving effect to the Reverse Stock Split will instead hold one whole share of Common Stock. No cash or other consideration will be paid in connection with any fractional shares that would otherwise have resulted from the Reverse Stock Split. VStock Transfer, LLC, the Company’s transfer agent, is acting as the exchange agent for the Reverse Stock Split and will provide instructions to stockholders of record regarding the process for exchanging shares.

 

The purpose of effecting the Reverse Stock Split is to regain compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq.

 

The foregoing description of the Certificate of Amendment is qualified in its entirety by reference to the form of Certificate of Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibits

Number

  Description
3.1   Certificate of Amendment filed with the Secretary of State of Nevada
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Curanex Pharmaceuticals Inc
     
Date: August 17, 2026 By: /s/ Jun Liu
  Name: Jun Liu
  Title: Chief Executive Officer

 

 

 

Filing Exhibits & Attachments

9 documents