The reverse split is a mechanical adjustment to maintain Nasdaq listing compliance and does not change the company's fundamental value. Monitor for any subsequent equity offering or business development updates that could affect the post-split share price.
Price Chart
Executive Summary
SCYNEXIS shareholders approved a reverse stock split at a special meeting on May 19, 2026, with 44.8M votes for and 6.7M against. The Board subsequently set the ratio at 1-for-8, effective May 29, 2026, reducing authorized shares from 150M to 18.75M. This is a routine capital structure adjustment to maintain Nasdaq listing compliance, with no fundamental business impact.
Key Facts
- Shareholders approved reverse stock split at a ratio between 1:5 and 1:10 at a special meeting on May 19, 2026
- Board set the specific ratio at 1-for-8 on May 19, 2026
- Reverse stock split effective May 29, 2026; split-adjusted trading begins June 1, 2026
- Authorized shares reduced from 150,000,000 to 18,750,000
- No fractional shares will be issued; cash paid in lieu of fractional shares
- Ticker symbol SCYX unchanged; new CUSIP is 811292 309
Financial Impact
No direct financial impact; authorized shares reduced from 150M to 18.75M via 1:8 reverse split. Proportional ownership unchanged except for fractional share cash-outs.
Risk Factors
- Post-split stock may face selling pressure from retail holders cashing out fractional shares
- Reverse splits are often viewed negatively by the market as a sign of distress, though this is a routine compliance action
- Reduced share count increases volatility on a per-share basis
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001178253-26-000014 |
| Document: 0001178253-26-000014-index-headers.html | 0001178253-26-000014 |
| Document: 0001178253-26-000014-index.html | 0001178253-26-000014 |
| Document: 0001178253-26-000014.txt | 0001178253-26-000014 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | 8-K | $4.70 $4.45 | ▼ −5.32% | ▼ −4.82% | $5.12 (+8.94%) |
Jun 26, 2026 14w ago | 8-K | $3.87 $4.73 | ▲ +22.22% | ▲ +20.83% | $5.12 (+32.30%) |
May 22, 2026 19w ago | 8-K | $5.45 $5.33 | ▼ −2.17% | ▼ −3.25% | $5.12 (−6.02%) |
May 11, 2026 20w ago | Press Release | $6.24 $5.26 | ▲ +15.77% | ▲ +15.17% | $5.12 (+17.95%) |
Apr 20, 2026 23w ago | 8-K | $8.48 $7.89 | ▼ −6.98% | ▼ −8.06% | $5.12 (−39.62%) |
Mar 31, 2026 26w ago | Press Release | $7.34 $7.97 | ▲ +8.62% | ▲ +4.67% | $5.12 (−30.21%) |
Mar 4, 2026 30w ago | Press Release | $6.34 $7.12 | ▲ +12.34% | ▲ +14.58% | $5.12 (−19.24%) |
US Market Status
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