GeoVax Labs announces 1-for-25 reverse stock split
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GeoVax Labs Inc. (NASDAQ: GOVX) filed a Certificate of Amendment to its Certificate of Incorporation on January 9, 2026, implementing a 1-for-25 reverse stock split.
Under the reverse stock split, every 25 shares of the company's common stock automatically converted into one share of common stock. The conversion occurred without any action required from shareholders.
No fractional shares were issued in connection with the reverse stock split. Stockholders' percentage ownership interest and proportional voting power remain unchanged following the transaction, except for minor adjustments from rounding fractional shares to whole numbers.
The company stated that the rights and privileges of common stock holders are substantially unaffected by the reverse stock split. Each share of common stock maintains a par value of $0.001.
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