Adicet Bio slides after announcing one-for-16 reverse stock split

ADICET Bio

26/12/2025 14:43

Updates

** Shares of Adicet Bio ACET.O fall 6.7% to 48 cents

** Biotechnology firm announces one-for-16 reverse stock split, effective December 30

** Number of outstanding shares to reduce from ~153.3 mln to ~9.6 mln

** As of last close, shares down 45.8% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))