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Bone Biologics Announces 1-for-6 Reverse Stock Split

Key Takeaway: Bone Biologics Corporation announced a 1-for-6 reverse stock split that will take effect on June 10, 2025. This decision follows stockholder approval for a reverse split within a range of 1-for-2.5 to 1-for-10. After the split, the number of shares held by shareholders will consolidate, but their percentage ownership will remain the same. The company plans to maintain its trading symbol on Nasdaq and aims to stabilize its stock price following the split.

Market Sentiment Analysis

POSITIVE FACTORS

  • The company has approval for the planned reverse stock split.
  • Stockholders' percentage ownership interest will remain unchanged.
  • The reverse stock split may enhance stock price stability in the market.
  • Bone Biologics continues to focus on innovative regenerative medicine.

CONCERNS & RISKS

  • The actual results may differ materially from anticipated outcomes.
  • The company faces risks associated with being an undercapitalized developing entity.
  • Market conditions could adversely impact the effectiveness of the reverse stock split.
  • Forward-looking statements involve inherent uncertainties.

Full Press Release Details

Biologics Announces 1-for-6 Reverse Stock Split
BURLINGTON, Mass., June 6, 2025 -
Bone Biologics Corporation ("Bone Biologics" or the "Company") (Nasdaq:
BBLG, BBLGW), a developer of orthobiologic products for spine fusion markets, today announced a planned reverse stock split of its
shares of common stock at a ratio of 1-for-6. The reverse stock split will take effect as of 12:01 a.m. ET, on Tuesday, June 10, 2025,
and shares of Bone Biologics are expected to trade on a post-split basis on Nasdaq under the existing trading symbol, "BBLG,"
at the market open on June 10, 2025.
At the Company's annual meeting of
stockholders held on May 30, 2025, stockholders approved an amendment to the Company's Amended and Restated Certificate of Incorporation
to implement a reverse stock split in a range of 1-for-2.5 to 1-for-10, and granted the board of directors the authority to implement
and determine the exact split ratio within such range, which was subsequently set by the board at 1-for-6. Following the reverse stock
split, the new CUSIP number of the common stock will be 098070600, with the par value per share of common stock remaining at $0.001. A
proportionate adjustment will be made to the per-share exercise prices and number of shares issuable under all outstanding warrants and
When the reverse stock split becomes effective,
every six shares of the Company's issued and outstanding common stock will be combined into one share of common stock. Each stockholder's
percentage ownership interest in Bone Biologics will remain unchanged after the reverse stock split. Any fractional shares resulting from
the reverse stock split will be rounded up to the nearest whole share of common stock. The number of authorized shares of common stock
of the Company will remain the same following the reverse stock split.
About Bone Biologics
Bone Biologics was founded to pursue regenerative
medicine for bone. The Company is undertaking work with select strategic partners that builds on the preclinical research of the Nell-1
protein. Bone Biologics is focusing development efforts for its bone graft substitute product on bone regeneration in spinal fusion procedures,
while additionally having rights to trauma and osteoporosis applications. For more information, please visit www.bonebiologics.com.
Forward-Looking Statements
statements contained in this press release, including, without limitation, statements regarding the timing, implementation, and success
of the reverse stock split, as well as statements containing the words "plan," "will," and words of similar import,
constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve both known and unknown risks and uncertainties. The Company's actual results may differ materially from those
anticipated in its forward-looking statements as a result of a number of factors, including, but not limited to, market and other conditions
and risks generally associated with an undercapitalized developing company, as well as the risks contained under "Risk Factors"
and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual
Report on Form 10-K for the year ended December 31, 2024 and the Company's other filings with the Securities and Exchange Commission.
Except as required by applicable law, we undertake no obligation to revise or update any forward-looking statements to reflect any event
or circumstance that may arise after the date hereof.
Alliance Advisors IR

Frequently Asked Questions

What is the ratio for Bone Biologics' reverse stock split?

The reverse stock split will be at a ratio of 1-for-6.

When will the reverse stock split take effect?

The split will take effect on June 10, 2025, at 12:01 a.m. ET.

Will stock ownership change after the reverse split?

No, stockholders' ownership percentages will remain unchanged.

What happens to fractional shares after the split?

Fractional shares will be rounded up to the nearest whole share.

What is Bone Biologics' focus area?

The company focuses on regenerative medicine for bone, especially in spinal fusion.

Last updated: Jun 6, 2025