Azitra announces reverse stock split

Azitra announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 30 pre-split shares. The reverse stock split will become effective at 12:01 A.M. Eastern Time, on July 1, 2024. The Company’s common stock will continue to be traded on the NYSE American under the symbol “AZTR” and will begin trading on a split-adjusted basis when the market opens on July 1, 2024. The new CUSIP number for the Company’s common stock following the reverse stock split will be 05479L 203. At a special meeting of stockholders held on June 27, 2024, the Company’s stockholders granted the Company’s Board of Directors the discretion to effect a reverse stock split of the Company’s common stock through an amendment to its Second Amended and Restated Certificate of Incorporation, as amended, at a ratio of not less than 1-for-2 and not more than 1-for-30, with such ratio to be determined by the Company’s Board of Directors. Following the stockholders meeting, the Board of Directors of Azitra approved the final split ratio of 1-for-30 and the effective date of July 1, 2024.