Gossamer Bio effects 1-for-80 reverse stock split - GOSS News | RalliesGossamer Bio effects 1-for-80 reverse stock split
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GOSS• Reverse split and Nasdaq trading update
- Gossamer Bio effected a 1-for-80 reverse stock split, effective 11:59 p.m. ET on Sept. 10, 2026.
- Shares begin trading on a split-adjusted basis on Nasdaq at the Sept. 11, 2026 open under GOSS.
- Authorized common shares cut to 50 million from 4 billion; total authorized capital stock reduced to 120 million from 4.07 billion.
- Outstanding convertible notes, warrants, prefunded warrants, equity awards, and plan share reserves were proportionately adjusted for the split ratio.
- Move targets Nasdaq’s $1 minimum bid requirement; compliance deadline set for Oct. 5, 2026.
