CURIS INC 8-K

What Happened

• Curis, Inc. (CRIS) filed a Certificate of Amendment effecting a 1-for-20 reverse stock split of its common stock, effective 5:00 p.m. Eastern Time on July 2, 2026. The filing was reported under Items 3.03 and 5.03 of Form 8-K. Trading on a reverse-split-adjusted basis will begin at the opening of trading on July 6, 2026. The company will continue to trade under the ticker "CRIS" and the new CUSIP after the split is 231269408.

Key Details

• Ratio: 1-for-20 reverse stock split — every 20 shares will convert into 1 share.
• Fractional shares: No fractional shares will be issued; any fractional entitlement will be rounded up to the nearest whole share.
• Capital structure: Par value ($0.01) and number of authorized shares remain unchanged.
• Equity instruments: Outstanding warrants, restricted stock units and stock options (and related exercise prices and shares available under equity plans) will be adjusted per their terms.
• Effective/trading dates: Effective at 5:00 p.m. ET on July 2, 2026; split-adjusted trading begins July 6, 2026.

Why It Matters

• A reverse stock split reduces the number of outstanding shares and increases the per-share price proportionally, which can affect liquidity, index inclusion, and perceptions of the stock. Investors should note the adjusted share counts, updated CUSIP, and that derivative securities (options, warrants, RSUs) will be adjusted. No cash payment for fractions was disclosed—fractions will be rounded up, which impacts small-shareholders. Check your brokerage account after July 6 for updated share balances and terms.