agilon health to Implement 1-for-25 Reverse Split on March 30
agilon health will implement a 1-for-25 reverse stock split effective March 30, 2026, reducing outstanding shares to approximately 16.6 million and issuing cash for fractional shares. The move aims to push the post-split share price above $1 for NYSE compliance and adjust equity incentive plans proportionally.
1. Reverse Stock Split Mechanics
agilon health will combine every twenty-five shares of common stock into one share at 5:01 p.m. ET on March 30, 2026, with trading on a split-adjusted basis beginning at the open on March 31. The 1-for-25 ratio was approved by stockholders at a March 17 special meeting and confirmed by the board.
2. NYSE Listing Compliance
The reverse split is designed to elevate the share price above the $1.00 minimum bid requirement for continued listing on the NYSE. Post-split, approximately 16,605,993 shares will be outstanding and holders of fractional shares will receive cash.
3. Shareholder and Equity Plan Adjustments
All outstanding stock options, equity awards and convertible securities under incentive plans will be proportionally adjusted to reflect the 1-for-25 split. Registered and street-name account holders will have their positions automatically updated without any action required.