$SCYX

SCYNEXIS (NASDAQ: SCYX) is seeking stockholder approval for a reverse stock split at a ratio between 1-for-5 and 1-for-10 to maintain its listing on The Nasdaq Capital Market. The virtual special meeting is scheduled for May 19, 2026, where shareholders will vote on the proposal to increase the per-share price and avoid potential delisting proceedings by June 15, 2026. If approved, the board will have the discretion to determine the exact ratio and implement the split, which will proportionally reduce outstanding shares and adjust equity incentive plans.