Summary by Moomoo AI
Aditxt, Inc., a biotech company, has filed a Form 8-K with the SEC, reporting several significant corporate developments. On October 1, 2024, Aditxt announced an amendment to its merger agreement with Evofem Biosciences, Inc., which included changes to the schedule and amounts of equity investments in Evofem. The third equity investment was adjusted to $720,000 and the fourth to $2.28 million, with the third investment's date extended to October 2, 2024. Additionally, Aditxt completed a reverse stock split at a ratio of 1-for-40, effective October 1, 2024, with the company's common stock trading on a split-adjusted basis from October 2, 2024. The reverse stock split consolidated every 40 shares of issued and outstanding common stock into one share, with a proportionate adjustment to the exercise price and number...Show More
