60 Degrees Pharma sets 1-for-4 reverse stock split
60 Degrees Pharmaceuticals, Inc. approved a reverse stock split of its common stock at a final ratio of one-for-four.
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Rhea-AI Filing Summary
60 Degrees Pharmaceuticals, Inc. approved a reverse stock split of its common stock at a final ratio of one-for-four. The company’s stockholders approved the amendment to its Certificate of Incorporation on October 8, 2025, after a recommendation from the board of directors. The company then filed a Certificate of Amendment in Delaware on January 14, 2026, which becomes effective at 12:01 a.m. Eastern Time on January 20, 2026.
At the effective time, every four shares of issued and outstanding common stock are automatically combined and converted into one share. The company is not issuing fractional shares; any fractional amounts are rounded up to one whole share. The company also issued a press release about the reverse split on January 15, 2026, which is included as an exhibit.
Insights
60 Degrees Pharmaceuticals implements a 1-for-4 reverse stock split.
60 Degrees Pharmaceuticals, Inc. is consolidating its common stock through a 1-for-4 reverse stock split. Stockholders approved the amendment to the Certificate of Incorporation on October 8, 2025, and the board set the final ratio at one-for-four. The Certificate of Amendment was filed in Delaware on January 14, 2026 and becomes effective just after midnight on January 20, 2026.
Mechanically, each four shares of issued and outstanding common stock are combined into one share at the effective time, reducing the share count while increasing the per-share price mechanically. No fractional shares will exist; any fractional holdings are rounded up to one whole share, which slightly increases the resulting share count compared with pure mathematical division.
The company also issued a press release on January 15, 2026 describing the reverse stock split, and the filing includes both the Certificate of Amendment and the press release as exhibits. The overall economic effect for each stockholder depends on their pre-split holdings and the rounding up for fractional positions, while the aggregate market value will continue to be determined by trading after the effective date.
8-K Event Classification
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