Femasys Inc. Announces 1-for-20 Reverse Stock Split to Take Effect June 5th
FEMY sits 17% above its 52-week low of $0.307.
Summary
Femasys Inc. will implement a 1-for-20 reverse stock split on June 5, 2026, a move intended to boost its share price and maintain compliance with Nasdaq listing requirements.
Key Events · Corporate Governance and Compliance · FEMY
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Reverse Stock Split Effective Date Set
The company announced a 1-for-20 reverse stock split will become effective at 4:30 p.m. Eastern Time on June 5, 2026, with split-adjusted trading beginning June 8, 2026.
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Addresses Nasdaq Delisting Risk
This action is a direct response to the company's previously disclosed risk of Nasdaq delisting, aiming to increase the per-share price to meet minimum bid requirements.
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Fractional Shares Rounded Up
No fractional shares will be issued; instead, they will be rounded up to the next whole share at the Depository Trust Company (DTC) participant level.
Analysis · FEMY · Industrial Applications And Services
This 8-K announces the execution of a 1-for-20 reverse stock split, a critical action for Femasys Inc. to address its Nasdaq listing compliance. The company previously disclosed a high risk of delisting and substantial doubt about its ability to continue as a going concern. This split aims to increase the per-share price above the minimum bid requirement, which is essential for maintaining its exchange listing and investor confidence.
At the time of this filing, FEMY was trading at $0.36 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $22.2M. The 52-week trading range was $0.31 to $1.11. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.