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Adicet Bio to execute 1-to-16 reverse stock split Dec. 30 to meet Nasdaq’s bid price rule.
Adicet Bio (ACET) is implementing a 1-to-16 reverse stock split effective December 30, 2025, to help meet Nasdaq’s minimum bid price requirement.
The move reduces outstanding shares from 153.3 million to about 9.6 million, with no fractional shares issued.
The stock closed at $0.49 on December 26, down 5.78%, following the announcement.
The company, developing off-the-shelf gamma delta T cell therapies, reported a quarterly loss of $0.29 per share and a 100% response rate in a lupus trial, which may support future Phase 2 development.
Institutional investors hold 83.89% of shares, and analysts maintain a "Moderate Buy" rating with a $7.33 target.
Adicet Bio ejecutará una división inversa de acciones de 1 a 16 el 30 de diciembre para cumplir con la regla del precio de oferta de Nasdaq.