Silo Pharma sets 1-for-15 reverse stock split
Silo Pharma is implementing a 1-for-15 reverse stock split of its common stock, with a concurrent proportional cut in authorized shares.
Rhea-AI Filing Summary
Silo Pharma is implementing a 1-for-15 reverse stock split of its common stock, with a concurrent proportional cut in authorized shares. The split becomes effective as of 4:01 p.m. Eastern Time on June 2, 2026, and shares will begin trading on a post-split basis on June 3, 2026 under the same symbol, SILO.
Every 15 pre-split shares will be exchanged for 1 post-split share, with fractional positions rounded up to the next whole share. The company expects issued and outstanding shares to decrease from approximately 16.267 million to about 1.084 million. Authorized common stock will be adjusted to 6,666,667 shares, and the share amounts and exercise prices for equity awards, warrants, and plan reserves will be adjusted proportionately.
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Insights
Silo Pharma is consolidating its share count via a 1-for-15 reverse split with matching authorized share reduction.
The company is exchanging every fifteen outstanding common shares for one new share, rounding any fractional holdings up. This cuts outstanding shares from approximately 16.267 million to about 1.084 million, while also reducing authorized common stock to 6,666,667 shares.
Reverse splits typically change the per-share price and share count without altering total company value by themselves. Proportional adjustments to equity awards, warrants, and plan reserves mean existing derivative securities maintain their relative economic terms after the effective date of June 2, 2026.
8-K Event Classification
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Key Terms
reverse stock split financial
authorized common stock financial
equity awards financial
warrants financial
equity incentive plans financial
Emerging growth company regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What reverse stock split did Silo Pharma (SILO) announce on June 1, 2026?
When will Silo Pharma’s 1-for-15 reverse split become effective and begin trading?
How will Silo Pharma’s authorized common stock change after the reverse split?
What is the new CUSIP number for Silo Pharma’s post-split common stock?
How are Silo Pharma’s equity awards and warrants affected by the reverse split?
AI-generated analysis. How Rhea-AI works. Not financial advice.