Biophytis Proposes Reverse Stock Split of Up to 100 Existing Shares for One New Share

PUBT · 1d ago
Biophytis Proposes Reverse Stock Split of Up to 100 Existing Shares for One New Share
  • Biophytis shareholders will vote on capital-raising authorizations with nominal ceilings of EUR 38 million for share capital increases and EUR 40 million for debt securities.
  • Private placements would be capped at 30% of capital annually; proposed offerings without preferential subscription rights would allow discounts up to 25%.
  • Proposals include a reverse split exchanging up to 100 existing shares for one new share, alongside reductions in nominal value.
  • A proposed buyback covers up to 10% of capital at EUR 0.10 per share, with a separate authorization to cancel repurchased shares.
  • Jean Mariani is nominated for a three-year board term, ending at the 2029 shareholder meeting.


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