Quince Therapeutics sets 1-for-10 reverse stock split
Quince Therapeutics, Inc. is implementing a reverse stock split of its common stock at a 1-for-10 ratio.
Rhea-AI Filing Summary
Quince Therapeutics, Inc. is implementing a reverse stock split of its common stock at a 1-for-10 ratio. Every ten shares will be automatically combined into one share, with no change to the $0.001 par value or basic rights of the common stock.
The reverse split becomes effective at 11:59 pm Eastern Time on April 10, 2026, and the shares will begin trading on a split-adjusted basis on the Nasdaq Global Select Market on April 13, 2026 under the same symbol QNCX but a new CUSIP 22053A206. Immediately after the split, approximately 16,300,795 shares of common stock will be issued and outstanding. Fractional shares will not be issued; affected stockholders will receive cash in lieu of fractional shares.
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Insights
Quince is executing a 1-for-10 reverse split mainly to consolidate its share count.
The company approved and is now effecting a 1-for-10 reverse stock split, reducing its outstanding common shares to about 16,300,795. Such actions are typically used to increase the per-share trading price by shrinking the share count, while keeping overall ownership proportions the same.
The filing states that stockholder percentage ownership will remain unchanged except for cash paid instead of fractional shares, and that options and warrants are proportionally adjusted. Trading on a split-adjusted basis begins on April 13, 2026, when operational impacts on liquidity and trading behavior will become visible.
8-K Event Classification
Key Figures
Key Terms
reverse stock split financial
Certificate of Amendment regulatory
CUSIP financial
exchange agent financial
Nasdaq Global Select Market market
FAQ
What reverse stock split did Quince Therapeutics (QNCX) approve?
When does the Quince Therapeutics (QNCX) reverse stock split take effect?
Will the Quince Therapeutics (QNCX) trading symbol or CUSIP change after the split?
How are Quince Therapeutics options and warrants affected by the reverse stock split?
AI-generated analysis. How Rhea-AI works. Not financial advice.