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CYCN reverse split: 1-for-7, Sep 9, 2026, cash in lieu of fractions

Korsana Biosciences, Inc. (CYCN) announced a 1-for-7 reverse stock split effective Sep 9, 2026. Every 7 shares become 1 share.

Data as of Oct 19, 2026 1:18 PM ET · Report an error

What the filing says about fractional shares

Shareholders of record who otherwise would be entitled to receive fractional shares because they hold a number of pre-split shares not evenly divisible by the number of pre-split shares for which each post-split share is to be reclassified, will be entitled to a cash payment in lieu thereof at a price equal to the fraction of a share to which the shareholder would otherwise be entitled multiplied by the closing price of the Company's common stock on Nasdaq on the date of the filing of the amendment to the Cyclerion Articles effecting the Reverse Stock Split.

Quoted from https://www.sec.gov/Archives/edgar/data/1755237/000119312526369426/d264301d8k.htm

Sources

• 2026-09-11: https://www.sec.gov/Archives/edgar/data/1755237/000119312526389318/d178159d8k.htm
• 2026-08-27: https://www.sec.gov/Archives/edgar/data/1755237/000119312526369426/d264301d8k.htm
• Filing index: https://www.sec.gov/Archives/edgar/data/1755237/000119312526389318/0001193125-26-389318-index.htm

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