Gossamer Bio announces 1-for-80 reverse stock split
Reuters2026/09/09 13:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Gossamer Bio set a 1-for-80 reverse stock split to support efforts to regain Nasdaq minimum bid-price compliance.
- Split takes effect at 11:59 p.m. ET on Sept. 10, 2026; split-adjusted trading starts Sept. 11 under GOSS.
- Authorized common shares cut to 50 million from 4 billion; total authorized capital stock reduced to 120 million from 4.07 billion.
- Convertible notes, warrants, prefunded warrants, equity awards adjusted proportionately to reflect the 1-for-80 consolidation.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gossamer Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001728117-26-000091), on September 09, 2026, and is solely responsible for the information contained therein.
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