Gossamer Bio announces 1-for-80 reverse stock split, authorized shares cut to 50M
Gossamer Bio (GOSS) announced a 1-for-80 reverse stock split and reduced authorized shares to 50M to comply with Nasdaq's minimum bid price requirement. The split is effective September 10, 2026, with trading adjustments on September 11, 2026. Convertible notes, warrants, and equity awards will be proportionately adjusted.
How this was made

The 30-second read
Why it matters
The reverse split is a compliance‑driven corporate action aimed at preventing delisting. It adjusts all outstanding securities proportionally.
Market read
The filing is the first public disclosure of the split, making it a primary corporate‑action news item.
What to watch
Potential impact on existing warrant and convertible note structures.
Background
Gossamer Bio is a clinical‑stage biotech trading under the ticker GOSS. The company faced Nasdaq bid‑price compliance issues.
Ticker impact
Gossamer Bio filed an 8‑K announcing a 1‑for‑80 reverse stock split and reduction of authorized shares to 50 M.
Short‑term volatility expected; price likely to rise modestly as the split takes effect.
Reverse splits are typically neutral to slightly positive for compliance‑driven micro‑caps; the move is disclosed for the first time.
Market effects
Minimal; primarily affects Nasdaq‑listed micro‑caps concerned with bid‑price compliance.
U.S. market only; no broader regional effect.
Low; isolated corporate action.
Counterpoint
The split may not improve liquidity and could attract short‑selling pressure.
Key entities
- companyGossamer Bio, Inc.
Biotech issuer filing the reverse split.

