Immunic Inc Announces 1-for-10 Reverse Stock Split
Immunic Inc (NASDAQ:IMUX) has announced a 1-for-10 reverse stock split, effective April 27, 2026, to meet contractual obligations under a securities agreement. The split will reduce the number of outstanding shares from approximately 136 million to 13.6 million, with no change to the total authorized shares or par value. The move was approved by shareholders and is intended to comply with a recent securities purchase agreement.
Tickers: $IMUX
Topics: corporate action reverse stock split securities agreement shareholder approval