Quince Therapeutics enacts 1-for-20 reverse split
Quince Therapeutics, Inc. approved and implemented a 1-for-20 reverse stock split of its common stock.
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Rhea-AI Filing Summary
Quince Therapeutics, Inc. approved and implemented a 1-for-20 reverse stock split of its common stock. The company filed a Certificate of Amendment in Delaware effective at 11:59 p.m. Eastern Time on June 29, 2026, and its shares will begin trading on a split-adjusted basis on June 30, 2026.
Every twenty shares of issued and outstanding common stock will be combined into one share, leaving stockholder ownership percentages generally unchanged, except that fractional shares will be settled in cash. Shares outstanding will decline from 19,559,257 immediately before the split to approximately 977,963 after the split. The stock will continue trading under the symbol QNCX with a new CUSIP number 22053A305.
Insights
Quince executes a 1-for-20 reverse split, consolidating shares without changing ownership stakes.
The reverse stock split combines every twenty existing shares of Quince Therapeutics common stock into one new share, reducing the count from 19,559,257 to about 977,963. This is a capital-structure change; it does not alter total company value by itself.
The company states that stockholder percentage ownership remains generally the same, with cash payments instead of fractional shares. All outstanding stock options and warrants are proportionally adjusted, and the stock will trade split-adjusted on the Nasdaq Global Select Market from June 30, 2026 with a new CUSIP.
8-K Event Classification
Key Figures
Key Terms
Reverse Stock Split financial
Certificate of Amendment regulatory
CUSIP financial
transfer agent financial
Nasdaq Global Select Market market
FAQ
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What corporate action did Quince Therapeutics (QNCX) disclose in this 8-K?
What is the ratio and effect of Quince Therapeutics’ reverse stock split?
When will Quince Therapeutics’ reverse split become effective and start trading?
Will Quince Therapeutics’ reverse stock split change stockholder rights or ticker symbol?
How are Quince Therapeutics’ options and warrants affected by the reverse split?
AI-generated analysis. How Rhea-AI works. Not financial advice.