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-0.0762869547240025 -0.118668596237337 -0.0903452553235477 -0.0281166011990903 0.00268761629108945 0.0432086003721313 0.0563365722555303 0.0543725449658879
Stock impact report

Xilio Therapeutics Announces 1-for-14 Reverse Stock Split

Xilio Therapeutics, Inc. (XLO) 
Company Research Source: GlobeNewswire
WALTHAM, Mass., March 12, 2026 (GLOBE NEWSWIRE) -- Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing masked immuno-oncology therapies for people living with cancer, today announced that it will implement a 1-for-14 reverse stock split of the issued shares of the company’s common stock, effective at 5:00 p.m. Eastern Time on March 13, 2026. The reverse stock split was approved by the company’s stockholders at the company’s Special Meeting of Stockholders held on February 23, 2026, with the final ratio subsequently determined by the company’s Board of Directors. One of the primary goals of the reverse stock split is to increase the per-share market price of the company’s common stock to enable the company to regain compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company’s common stock is expected to begin trading on a split-adjusted basis when the markets open on March 1 Show less Read more
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