Moleculin Announces Reverse Stock Split

Core Viewpoint - Moleculin Biotech, Inc. announced a 1-for-25 reverse stock split of its common stock, effective December 1, 2025, to consolidate shares and potentially enhance stock performance [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will consolidate every 25 shares into one share, maintaining the nominal par value of $0.001 per share [2]. - The number of outstanding shares will decrease from approximately 51.7 million to about 2.1 million, while the authorized shares will remain at 500 million [3]. Group 2: Company Overview - Moleculin Biotech, Inc. is a Phase 3 clinical stage pharmaceutical company focused on developing therapies for hard-to-treat tumors and viruses [4]. - The lead program, Annamycin, is designed to treat relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma (STS) lung metastases [4]. Group 3: Clinical Trials and Pipeline - The company has initiated the MIRACLE Trial (MB-108), a pivotal Phase 3 trial evaluating Annamycin in combination with cytarabine for AML treatment [5]. - Moleculin is also developing WP1066, an immune/transcription modulator targeting various cancers, and has a portfolio of antimetabolites, including WP1122 for treating pathogenic viruses [6].