Matinas Biopharma Plunges 14.83% After Warrant Exchange

Generated by AI AgentAinvest Pre-Market Radar
Monday, Aug 18, 2025 7:50 am ET1min read
Aime RobotAime Summary

- Matinas Biopharma's stock fell 14.83% pre-market after exchanging 466,666 warrants for shares at $17.50 each.

- The August 15 warrant exchange canceled equivalent warrants issued April 5, 2024, under a 1933 Securities Act exemption.

- A 1-for-50 stock consolidation reduced shareholders' holdings and may affect liquidity and trading dynamics.

On August 18, 2025, Matinas Biopharma's stock experienced a significant drop of 14.83% in pre-market trading, marking a notable decline in its share price.

Matinas Biopharma recently exchanged warrants for 466,666 shares of its common stock. This move involved canceling an equal number of warrants, each previously exercisable at $17.50 per share. The exchange was completed on August 15, 2025, and the warrants were issued on April 5, 2024. This action was done in reliance on an exemption from registration provided by Section 3(a)(9) of the Securities Act of 1933.

Additionally,

Holdings Inc. performed a 1 for 50 consolidation. This means that holders of the company's stock will now hold 1 share for every 50 shares they previously owned. This consolidation is a corporate action that can impact the stock's liquidity and trading dynamics.

Comments



Add a public comment...
No comments

No comments yet