GeoVax Labs (NASDAQ: GOVX) completes 1-for-25 reverse split of shares
Rhea-AI Filing Summary
GeoVax Labs, Inc. approved and implemented a 1-for-25 reverse stock split of its common stock effective upon filing a Certificate of Amendment on January 9, 2026. Every twenty-five shares of existing common stock were automatically combined into one share of new common stock, with the par value per share remaining $0.001.
No fractional shares were issued; any fractional amounts were rounded up to the next whole share. The company states that each stockholder’s percentage ownership and proportional voting power remain essentially the same apart from minor changes from rounding, and the rights and privileges attached to the common stock are substantially unaffected.
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Insights
GeoVax consolidates shares 1-for-25 without changing ownership percentages.
GeoVax Labs, Inc. has executed a 1-for-25 reverse stock split via a Certificate of Amendment to its Certificate of Incorporation. Each block of twenty-five shares of existing common stock has been combined into one share, while the stated par value remains $0.001 per share. This type of action reduces the number of shares outstanding but keeps the overall economic interest in the company the same.
The company indicates that stockholders’ percentage ownership and proportional voting power stay unchanged apart from minor effects from rounding up fractional shares. No fractional shares are issued; instead, any fractional result is rounded up to the next whole share, which slightly adjusts individual positions. The filing also includes a new form of stock certificate to reflect the post-split common stock.
8-K Event Classification
FAQ
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