-+ 0.00%
-+ 0.00%
-+ 0.00%

Sutro Biopharma Announces 1-For-10 Reverse Stock Split, Effective Dec. 3

Benzinga·12/01/2025 13:04:27
Listen to the news

Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ: STRO), a clinical stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today announced that its Board of Directors (Board) has approved a reverse stock split of the Company's outstanding shares of common stock at a ratio of 1-for-10. The reverse stock split will become effective at 12:01 a.m. Eastern Time on December 3, 2025. Sutro's common stock will begin trading on a post-reverse stock split basis on December 3, 2025, under the Company's existing trading symbol "STRO" with a new CUSIP number of 869367201. The reverse stock split is intended to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share.