PR Newswire·Oct 16, 2026, 8:00 AM ET

Azitra, Inc. Announces Reverse Stock Split

Azitra, Inc. (NYSE: AZTR) announced a reverse stock split at a ratio of 1 post-split share for every 10 pre-split shares.
The split became effective at 12:01 A.M. Eastern Time on October 26, 2026, with split-adjusted trading beginning when the market opened that day.
The company's ticker symbol "AZTR" remains unchanged on the NYSE American, while the new CUSIP number is 05479L401.
The Board of Directors approved the 1-for-10 ratio on October 14, 2026, following shareholder authorization granted on June 15, 2026.
Every ten issued shares will automatically convert into one share without changing the par value per share.
Stockholders holding fractional shares will receive cash in lieu of fractional shares, calculated based on the average closing price of the five trading days preceding the effective date.
The total number of issued common shares will decrease from 60,603,742 to approximately 6,060,374 shares.
Proportional adjustments will be applied to equity awards, warrants, and their exercise prices.
No action is required from stockholders holding certificated shares, though they may exchange certificates if desired.
Questions regarding the split for brokerage account holders should be directed to their brokers, while record holders may contact Continental Stock Transfer & Trust Co.