Femasys Inc. 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Femasys Inc. (FEMY) on June 5, 2026. The report details a material modification to the rights of security holders involving a reverse stock split. The Company is incorporated in Delaware and its common stock trades on The Nasdaq Capital Market.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and capital structure changes rather than financial performance.
Material Changes
- Reverse Stock Split: A 1-for-20 reverse stock split of outstanding common stock became effective at 8:40 a.m. Eastern Time on June 5, 2026.
- Share Consolidation: Every 20 shares of issued and outstanding common stock were automatically combined into one share.
- Equity Adjustments: Proportionate adjustments were made to the exercise prices and share counts for all outstanding stock options, restricted stock units (RSUs), and warrants.
- Fractional Shares: No fractional shares were issued; instead, they were rounded up to the next whole share at the Depository Trust Company (DTC) participant level.
- Trading Resumption: Common stock began trading on a split-adjusted basis on June 8, 2026, under the new CUSIP number 31447E 204.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, or contingencies beyond the execution of the stock split. The split was authorized by stockholders at a special meeting on April 29, 2026.
Investor Verification Checklist
- Verify the new CUSIP number (31447E 204) for trading purposes.
- Confirm the adjusted number of shares held in brokerage accounts following the 1-for-20 consolidation.
- Review the adjusted exercise prices and share quantities for any outstanding options, RSUs, or warrants.
- Check for the rounding up of fractional shares at the DTC participant level.