Curis Sets July 6 for 1-for-20 Reverse Stock Split Trading
CRIS has more than doubled off its 52-week low of $0.181.
Summary
Curis Inc. announced the effective dates for its 1-for-20 reverse stock split, with split-adjusted trading starting July 6, 2026, a key move to address Nasdaq delisting threats.
Key Events · Corporate Governance and Compliance · CRIS
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Reverse Stock Split Effective Date
The 1-for-20 reverse stock split will become effective on July 2, 2026, at 5:00 PM ET.
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Split-Adjusted Trading Begins
Common stock will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC at market open on July 6, 2026.
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New CUSIP Number Assigned
A new CUSIP number (231269408) has been assigned for the common stock following the reverse stock split.
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Nasdaq Compliance Effort
This action is a direct response to the company's Nasdaq delisting determination, aiming to meet the minimum bid price requirement.
Analysis · CRIS · Life Sciences
This amendment provides the definitive timeline for the previously announced 1-for-20 reverse stock split, which is a critical step for Curis to regain compliance with Nasdaq's minimum bid price requirement and avoid delisting. The split will become effective on July 2, 2026, with split-adjusted trading beginning on July 6, 2026. This action is crucial for the company, which recently disclosed "going concern" doubts and has faced significant dilution.
At the time of this filing, CRIS was trading at $0.49 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $18.9M. The 52-week trading range was $0.18 to $2.48. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.