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SBFM
NASDAQ Life Sciences

Sunshine Biopharma Announces 1-for-10 Reverse Stock Split to Maintain NASDAQ Listing

Tom Rudovsky · Reported by ACCESS Newswire
More coverage: Pharmaceutical Stocks · Healthcare
Sentiment info
Negative
Importance info
8
Price
$0.415
Mkt Cap
$2.125M
52W Low
$0.281
52W High
$2.43
52W Position info
47% above low
Off High info
83% below high
Rel. Volume info
0.4× avg
Market data snapshot near publication time

SBFM sits 47% above its 52-week low of $0.281.

Summary

Sunshine Biopharma announced a 1-for-10 reverse stock split, effective June 1, 2026, to regain NASDAQ minimum bid price compliance. This follows recent worsening financials, including increased losses and cash burn reported in the May 13th 10-Q, and a highly dilutive $6 million offering finalized on May 19th. While necessary for listing, reverse splits for micro-cap companies often indicate significant financial distress and can lead to further selling pressure. Traders should monitor post-split price action and any future capital raises.

At the time of this announcement, SBFM was trading at $0.41 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $2.1M. The 52-week trading range was $0.28 to $2.43. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: ACCESS Newswire.


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SBFM - Latest Insights

SBFM
Jul 10, 2026, 4:54 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $2.13
Real-time Price: $2.13 info
Change: $0 (0%) info
Market Cap: $4.438M info
SBFM
Jun 08, 2026, 4:05 PM EDT
Filing Type: DEF 14C
Importance Score:
9
Price at Filing: $2.43
Real-time Price: $2.13 info
Change: -$0.300 (-12%) info
Market Cap: $4.438M info
SBFM
May 29, 2026, 4:06 PM EDT
Filing Type: PRE 14C
Importance Score:
8
Price at Filing: $0.2558
Real-time Price: $2.13 info
Change: +$1.87 (+733%) info
Market Cap: $4.438M info
SBFM
May 29, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.2558
Real-time Price: $2.13 info
Change: +$1.87 (+733%) info
Market Cap: $4.438M info
SBFM
May 28, 2026, 9:00 AM EDT
Source: ACCESS Newswire
Importance Score:
8
Price at Filing: $0.4146
Real-time Price: $2.13 info
Change: +$1.72 (+414%) info
Market Cap: $4.438M info
SBFM
May 19, 2026, 11:03 AM EDT
Filing Type: 424B4
Importance Score:
9
Price at Filing: $0.4468
Real-time Price: $2.13 info
Change: +$1.68 (+377%) info
Market Cap: $4.438M info
SBFM
May 18, 2026, 12:17 PM EDT
Source: Access Newswire
Importance Score:
9
Price at Filing: $1.26
Real-time Price: $2.13 info
Change: +$0.8702 (+69%) info
Market Cap: $4.438M info
SBFM
May 13, 2026, 4:18 PM EDT
Filing Type: 10-Q
Importance Score:
10
Price at Filing: $0.60005
Real-time Price: $2.13 info
Change: +$1.53 (+255%) info
Market Cap: $4.438M info
SBFM
May 12, 2026, 4:16 PM EDT
Filing Type: S-1
Importance Score:
9
Price at Filing: $0.820
Real-time Price: $2.13 info
Change: +$1.31 (+160%) info
Market Cap: $4.438M info
SBFM
Apr 03, 2026, 11:58 AM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $1.04
Real-time Price: $2.13 info
Change: +$1.09 (+105%) info
Market Cap: $4.438M info