Aeternum Health Finalizes 1:20 Reverse Split and Name Change to Aeternum Resources
AETN has more than doubled off its 52-week low of $0.015.
Summary
Aeternum Health's definitive 14C confirms shareholder approval of a 1:20 reverse split, name change to Aeternum Resources, and a doubling of authorized common shares to 500 million, effective September 21, 2026.
Key Events · Corporate Governance and Compliance · AETN
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1:20 Reverse Split Approved
Holders of ~73% of voting power approved a 1:20 reverse split, reducing outstanding common shares from 97,105,204 to approximately 4,855,261.
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Authorized Shares Doubled to 500M
Authorized common shares increase from 250 million to 500 million, creating 245.1 million post-split shares available for issuance without further stockholder approval.
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Name Change to Aeternum Resources
Company will be renamed Aeternum Resources, Inc., reflecting its pivot to critical minerals mining alongside longevity healthcare.
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Series B Preferred Stock Doubled
Designated Series B preferred stock increases from 2 million to 4 million shares; each share carries 40 votes, and all current shares are held by Chairman Paul Mann.
Analysis · AETN · Manufacturing
The definitive information statement confirms that holders of ~73% of voting power have approved a 1:20 reverse split, a doubling of authorized common shares to 500 million, a name change to Aeternum Resources, and an increase in Series B preferred stock to 4 million shares. The reverse split will reduce outstanding shares from ~97.1 million to ~4.86 million, while the authorized share increase creates massive headroom for future dilution. This comes amid a going-concern warning and ineffective disclosure controls disclosed in the August 19 10-Q, and follows the recent appointment of a new CEO and CFO. The effective date is September 21, 2026, pending FINRA announcement.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AETN was trading at $0.17 on OTC in the Manufacturing sector, with a market capitalization of approximately $16.4M. The 52-week trading range was $0.02 to $0.24. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.