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SKYE reverse split: 1-for-8, Aug 24, 2026, fractions rounded down
Skye Bioscience, Inc. (SKYE) announced a 1-for-8 reverse stock split effective Aug 24, 2026. Every 8 shares become 1 share.
Ratio1-for-8
Effective / split-adjusted tradingAug 24, 2026high confidence
Fractional sharesRounded down
StatusEffective (past)
Filed2026-08-14 (8-K)
Data as of Oct 19, 2026 1:18 PM ET · Report an error
What the filing says about fractional shares
Any fractional share of Common Stock that would otherwise result from the Reverse Stock Split will be rounded down to the nearest whole share and the Company shall pay to any person otherwise entitled to become a holder of a fraction of a share an amount in cash based on a per share value, with such cash payment being calculated by multiplying such fractional interest by the closing trading price of the Common Stock on the trading day immediately preceding the Effective Date.
Quoted from https://www.sec.gov/Archives/edgar/data/1516551/000162828026056966/skye-20260812.htm
Not investment advice. This page was generated automatically from SEC filings and may contain errors. Brokers process round-ups differently, some pay cash or deposit fractions instead, and some charge reorganization fees. Read the source filing.
Sources
- 2026-08-14: https://www.sec.gov/Archives/edgar/data/1516551/000162828026056966/skye-20260812.htm
- Filing index: https://www.sec.gov/Archives/edgar/data/1516551/000162828026056966/0001628280-26-056966-index.htm
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