Salarius Pharmaceuticals Soars 311.61% on Reverse Split

Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jul 29, 2025 4:29 am ET1min read
SLRX--
Aime RobotAime Summary

- Salarius Pharmaceuticals (SLRX) surged 311.61% pre-market on July 29, 2025, driven by a 1-for-8 reverse stock split.

- The company disclosed standard RSU vesting schedules in an 8-K filing, including 25% annual and 6.25% quarterly vesting with mandatory tax withholding.

- The reverse split aims to boost stock price and liquidity, potentially attracting more investors by reducing share count.

On July 29, 2025, SalariusSLRX-- Pharmaceuticals, Inc. (SLRX) experienced a remarkable surge, rising by 311.61% in pre-market trading, marking a significant milestone for the company.

Salarius Pharmaceuticals, Inc. recently filed an 8-K report, detailing the vesting schedule for Restricted Stock Units (RSUs). The schedule includes a 25% vesting on the anniversary of the start date, January 24, 2022, followed by quarterly vesting of 6.25%. This routine vesting and mandatory tax withholding are part of the company's standard operational procedures.

Additionally, Salarius Pharmaceuticals, Inc. has undergone a corporate action, performing a 1-for-8 reverse stock split. This action is aimed at increasing the stock price and potentially attracting more investors by making the stock more accessible and liquid.

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