Femasys Inc. has executed a 1-for-20 reverse stock split of its common stock, which became effective on June 5, 2026. The action, previously approved by stockholders on April 29, 2026, consolidates the number of outstanding shares.
Key Details
- Effective Date: The reverse stock split was effective at 8:40 a.m. Eastern Time on June 5, 2026.
- Split-Adjusted Trading: The company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market at the market open on June 8, 2026.
- Terms: Every 20 shares of issued and outstanding common stock were automatically combined into one share. Fractional shares resulting from the split will be rounded up to the next whole share.
- Equity Awards: Proportionate adjustments will be made to all outstanding stock options, restricted stock units (RSUs), and warrants, affecting the number of issuable shares and relevant exercise prices.