Anebulo abandons reverse stock split, launches tender offer instead

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Go back to Anebulo abandons reverse stock split, launches tender offer instead

Anebulo Pharmaceuticals Announces Its Intent to Commence a Self Tender Offer

December 22, 2025 9:00 AM EST

AUSTIN, Texas--(BUSINESS WIRE)-- Anebulo Pharmaceuticals, Inc. (Nasdaq: ANEB), a clinical-stage pharmaceutical company developing novel solutions for people suffering from acute cannabis-induced toxic effects (the Company or Anebulo), today announced that the Board of Directors has decided to commence a cash tender offer as part of its plan to go private in lieu of the previously announced reverse stock split at a ratio of not less than 1-for-2,500 and not greater than 1-for-7,500.

Voluntary Self Tender consists of acquiring up to 300,000 shares at $3.50 price per share

While... More