Xilio Therapeutics said it will implement a 1-for-14 reverse stock split, effective at 5:00 p.m. ET on March 13, 2026. The shares are expected to begin trading on a split-adjusted basis on March 16, 2026 under the ticker XLO. The reverse split is expected to reduce outstanding common shares to about 5.2 million from about 73.5 million. Xilio said the action is intended to help regain compliance with Nasdaq’s minimum bid price requirement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xilio Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603120830PRIMZONEFULLFEED9670640) on March 12, 2026, and is solely responsible for the information contained therein.
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