Mersana Therapeutics To Execute 1-For-25 Reverse Stock Split for Nasdaq Compliance Restoration

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Mersana Therapeutics (MRSN), facing pressure to meet exchange standards, will proceed with a 1-for-25 reverse stock split set to take effect on July 25, 2025. Following shareholder approval in mid-June, the company aims to restore its standing on Nasdaq’s trading platform by elevating the per-share price to meet minimum bid thresholds.

The structural consolidation will merge every 25 existing shares into one consolidated share. This transformation will compress the company’s outstanding common share count from approximately 124.8 million shares down to around 5 million shares. The stock will transition to split-adjusted trading beginning July 28, 2025, operating under the same ticker symbol MRSN but assigned a new CUSIP identifier (59045L 205).

At present, MRSN trades at $0.3301 per share, reflecting a substantial 18.6144% decline on NasdaqGS. The reverse stock split represents a strategic move to address compliance concerns and potentially stabilize share valuation. Investors should note that while reverse splits mechanically increase per-share prices without altering fundamental company value, they often signal attempts to satisfy regulatory listing requirements.

Disclaimer: This analysis represents market observations and does not reflect official positions of Nasdaq, Inc. or other regulatory bodies.

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