SD Biotechnologies delays shareholder vote, shifts reverse stock split timeline to Dec. 3 listing
Bitget2026/09/23 04:49- SD Biotechnologies revised its reverse stock split timetable due to a delay in holding an extraordinary shareholders’ meeting.
- The meeting date was moved to Oct. 15, 2026 from Oct. 8, 2026.
- New shares will take effect Nov. 17, 2026; trading will be halted Nov. 13–Dec. 2, 2026; relisting is set for Dec. 3, 2026.
- The reverse split keeps par value at KRW 1,000 from KRW 200; common shares outstanding will drop to 21,946,628 from 109,733,141.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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