Business Context and Reporting Period
Aethlon Medical, Inc. (AEMD), a Nevada corporation, filed this Form 8-K on July 30, 2026. The report details a material modification to the rights of security holders involving a 1-for-5 reverse stock split of its common stock.
Key Financial Metrics
This filing is a current report regarding corporate actions and does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The filing text does not provide a clear value for these items.
Material Changes
- Reverse Stock Split: A 1-for-5 reverse stock split was authorized via a Certificate of Change filed with the State of Nevada.
- Effective Date: The split becomes effective at 10:00 a.m. Eastern Time on July 31, 2026.
- Trading Resumption: Trading on a split-adjusted basis is expected to begin on August 4, 2026, under the existing symbol "AEMD" on The Nasdaq Capital Market.
- Share Count Adjustment: As of July 23, 2026, there were 3,249,569 shares outstanding. Post-split, this will be approximately 649,914 shares.
- Authorized Capital: The number of authorized common shares was reduced from 100,000,000 to 20,000,000.
- Fractional Shares: No fractional shares will be issued; holders entitled to a fraction will receive one whole share instead.
Guidance, Outlook, and Risks
Management Commentary: The Company stated the reverse stock split is part of its overall capital-markets and operating plan, specifically for dilution management and to maintain compliance with Nasdaq Listing Rule 5550(a)(2).
Risks and Contingencies: The filing notes that stockholder approval was not required under Nevada law because the split does not adversely affect other stock classes and no cash is paid for fractional shares. All outstanding options, warrants, and convertible securities will be appropriately adjusted.
Investor Verification Checklist
- Verify the new CUSIP number for the common stock: 00808Y703.
- Confirm the exact number of post-split shares held, noting the rounding up of fractional shares to whole shares.
- Check brokerage account statements on or after August 4, 2026, to ensure the split adjustment has been applied automatically.
- Review the adjustment terms for any outstanding options, warrants, or convertible securities held.