VolitionRx sets 1-for-20 reverse stock split
VolitionRx Limited is implementing a reverse stock split of its common stock at a one-for-twenty ratio.
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Rhea-AI Filing Summary
VolitionRx Limited is implementing a reverse stock split of its common stock at a one-for-twenty ratio. The board approved this action after shareholders granted discretionary authority to amend the Second Amended and Restated Certificate of Incorporation.
The reverse split is expected to become effective at 12:01 a.m. ET on April 28, 2026, with shares trading on a split-adjusted basis at market open. Every 20 shares of common stock outstanding on the effective date will automatically convert into 1 share.
No fractional shares will be issued. Instead, holders otherwise entitled to a fractional share will receive 1 whole share, and related warrants, options, equity incentive awards and other equity instruments will be rounded up or settled in cash if applicable. Proportionate adjustments will also apply to outstanding equity awards, warrants, convertible notes and the share reserve under the 2024 Stock Incentive Plan.
Insights
VolitionRx is consolidating its share count via a 1-for-20 reverse split.
The board approved a one-for-twenty reverse stock split of VolitionRx’s common stock, effective at 12:01 a.m. ET on April 28, 2026. This consolidates every 20 existing shares into 1 share without changing a holder’s proportional ownership.
The company links this action to documents executed with Lind Global Asset Management XII LLC relating to financings on May 20, 2025 and January 15, 2026. Proportionate adjustments will be made to equity incentive awards, warrants, convertible notes and plan reserves so that their economic terms align with the new share structure.
Because fractional shares will not be issued and positions will be rounded up or, where terms require, settled in cash, the mechanics are designed to simplify post-split holdings. Subsequent disclosures may offer more detail on how these adjustments affect specific instruments.
8-K Event Classification
Key Figures
Key Terms
reverse stock split financial
Second Amended and Restated Certificate of Incorporation regulatory
equity incentive awards financial
convertible notes financial
2015 Stock Incentive Plan financial
Lind Global Asset Management XII LLC financial
FAQ
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