Lakewood-Amedex sets 1-for-10 reverse split
Lakewood-Amedex Biotherapeutics Inc. is implementing a 1-for-10 reverse stock split of its common stock.
Rhea-AI Filing Summary
Lakewood-Amedex Biotherapeutics Inc. is implementing a 1-for-10 reverse stock split of its common stock. The change becomes effective at 4:01 p.m. Eastern Time on June 19, 2026, and the shares will begin trading on a split-adjusted basis on Nasdaq on June 22, 2026 under the existing symbol LABT.
Every ten shares of common stock will be exchanged for one share, with any fractional positions rounded up to the next whole share. The company is also proportionately reducing its authorized common stock to 12,500,000 shares and making equitable adjustments to equity awards, preferred stock, warrants and related exercise or conversion prices. The common stock has been assigned a new CUSIP number, 51255A201.
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Insights
Lakewood-Amedex is consolidating its share count through a 1-for-10 reverse split.
The company approved a 1-for-10 reverse stock split of its common shares, effective in late June 2026. This consolidates every ten existing shares into one new share while keeping the Nasdaq listing and LABT symbol unchanged.
The filing states that authorized common stock will be reduced to 12,500,000 shares and that equity awards, preferred stock and warrants will be adjusted so their economic terms remain consistent. Actual impact on shareholders will depend on post-split trading and company fundamentals rather than the mechanical share consolidation itself.
8-K Event Classification
Key Figures
Key Terms
reverse stock split financial
equitable adjustments financial
equity incentive plans financial
CUSIP number financial
FAQ
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What did Lakewood-Amedex Biotherapeutics (LABT) announce in this 8-K?
When will Lakewood-Amedex’s 1-for-10 reverse stock split take effect?
Will Lakewood-Amedex (LABT) change its ticker or CUSIP after the reverse split?
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AI-generated analysis. How Rhea-AI works. Not financial advice.