Silexion Therapeutics Announces 1-for-10 Reverse Share Split
Rhea-AI Summary
Silexion Therapeutics (NASDAQ: SLXN) approved a 1-for-10 reverse share split of its ordinary shares. The split becomes effective after market close on May 28, 2026, with trading on a split-adjusted basis starting May 29, 2026 under ticker SLXN.
The action aims to maintain compliance with Nasdaq’s minimum bid price requirement, reinforce Silexion’s capital structure, and support strategic growth and potential equity financings as it prepares to initiate a Phase 2/3 trial of SIL204 in locally advanced pancreatic cancer.
Positive
- 1-for-10 reverse split to help maintain Nasdaq minimum bid price compliance
- Share consolidation expected to support strategic growth and equity financings
- Capital structure alignment ahead of planned Phase 2/3 SIL204 trial initiation
- Fractional shares for DTC participants rounded up to next whole share
Negative
- None.
News Market Reaction – SLXN
In the May 26 session, SLXN declined 14.14%, reflecting a significant negative market reaction. Argus tracked a trough of -17.3% from its starting point during tracking. Our momentum scanner triggered 18 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Stock split Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 16 | Reverse share split | Negative | -8.6% | Announced 1-for-15 reverse split to support Nasdaq compliance. |
| Nov 22 | Reverse share split | Neutral | +0.2% | Announced 1-for-9 reverse split after business combination volatility. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Prior reverse splits for SLXN showed flat to negative next‑day reactions, with an average move of about -4.2% across 2 events.
Over the past two years, Silexion has already executed two reverse share splits: a 1-for-9 split effective Nov 27, 2024 and a 1-for-15 split effective Jul 28, 2025. Both were framed as measures to maintain Nasdaq listing compliance. The immediate price reactions were -8.56% and +0.16%, yielding an average move of -4.2%. Today’s 1-for-10 split continues this pattern of using share consolidation to address bid‑price and listing requirements.
Key Terms
nasdaq capital market regulatory
cusip financial
rna interference (rnai) medical
phase 2/3 medical
minimum bid price requirement regulatory
equity financings financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Trading on split-adjusted basis will begin at market open on May 29, 2026. This adjustment is expected to help Silexion comply with Nasdaq requirements, enhance its market position, and support its progress in developing SIL204.
Grand Cayman, May 26, 2026 (GLOBE NEWSWIRE) -- Silexion Therapeutics Corp. (NASDAQ: SLXN) (“Silexion” or the “Company”), a clinical-stage biotechnology company pioneering RNA interference (RNAi) therapies for KRAS-driven cancers, today announced a 1-for-10 reverse share split of its ordinary shares. The reverse share split will become effective after market close on May 28, 2026, and the Company’s ordinary shares will begin trading on a reverse split-adjusted basis on the Nasdaq Capital Market at market open on May 29, 2026, under the existing ticker symbol “SLXN.” A new CUSIP number will be assigned to the post-reverse split shares.
As a result of the reverse share split, every ten ordinary shares of Silexion issued and outstanding will be automatically combined into one share. The par value of the ordinary shares will be proportionately increased, from
“This reverse share split is a deliberate step to preserve our Nasdaq listing and reinforce the capital structure that supports Silexion's clinical execution,” said Ilan Hadar, Chairman and CEO of Silexion. “As we approach the initiation of our Phase 2/3 trial of SIL204 in locally advanced pancreatic cancer this quarter, we want to enter that next phase from a position of strength in the public markets. We believe a higher per-share trading range will help reduce volatility, broaden the universe of investors able to engage with our story, and improve our flexibility to fund the continued advancement of SIL204 toward patients with KRAS-driven cancers who have few options today.”
Shareholders holding shares in book-entry form do not need to take any action in respect of the reverse share split, as their shares will be adjusted automatically. Those holding shares through a broker or nominee will also not need to take any action, as the number of shares held by them will be adjusted automatically, as reflected in their brokerage account. For further details, those shareholders should contact their broker.
The reverse share split is intended, among other things, to enable the Company to maintain compliance with Nasdaq’s minimum bid price requirement, as outlined in Nasdaq Listing Rule 5550(a)(2). This adjustment is expected to help Silexion align with Nasdaq standards, enhance its market position, and support its strategic growth initiatives (including by enabling the Company to conduct equity financings).
About Silexion Therapeutics
Silexion Therapeutics is a pioneering clinical-stage, oncology-focused biotechnology company dedicated to the development of innovative treatments for unsatisfactorily treated solid tumor cancers which have the mutated KRAS oncogene, generally considered to be the most common oncogenic gene driver in human cancers. The Company conducted a Phase 2a clinical trial in its first-generation product, which showed a positive trend in comparison to the control of chemotherapy alone, and is currently advancing its lead, second-generation, product candidate, SIL204, a small interfering RNA (siRNA), towards clinical trials in Israel and the European Union. Silexion is committed to pushing the boundaries of therapeutic advancements in the field of oncology, and further developing its lead product candidate for locally advanced pancreatic cancer. For more information please visit: https://silexion.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact contained in this communication are forward-looking statements, including, for example, statements regarding: the development of SIL204; the timing, design, conduct, and initiation of the planned Phase 2/3 clinical trial of SIL204 in locally advanced pancreatic cancer (including the expected commencement in the second quarter of 2026); the Company’s anticipated future financing activities; the Company’s planned reverse share split and the timing of its effectiveness; the Company’s restoration and future maintenance of compliance with the continued listing requirements of the Nasdaq Capital Market; the potential therapeutic benefits and clinical utility of SIL204; Silexion’s business strategy and development plans; and Silexion’s future capital requirements and ability to raise additional capital. These forward-looking statements are generally identified by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “prospective”, “potential” or “continue”, or the negatives of these terms or variations of them, or similar terminology. Forward-looking statements involve a number of risks, uncertainties, and assumptions, and actual results or events may differ materially from those projected or implied in those statements. Important factors that could cause such differences include, but are not limited to: (i) whether Silexion will succeed at initiating and conducting clinical trials, including the Phase 2/3 trial of SIL204 in locally advanced pancreatic cancer; (ii) whether Silexion’s strategy, future operations, financial position, projected costs, prospects, and plans will run as currently anticipated; (iii) the impact of the regulatory environment and compliance complexities; (iv) whether Silexion can establish future partnerships or other relationships with third parties; (v) Silexion’s future capital requirements and sources and uses of cash, including its ability to obtain additional capital; (vi) whether Silexion can maintain its Nasdaq listing, including its ability to continue to satisfy the Nasdaq minimum bid price requirement; and (vii) other risks and uncertainties set forth in the documents filed by the Company with the SEC, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 17, 2026, and the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 15, 2026. Silexion cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth herein speak only as of the date they are made. Silexion undertakes no obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, except as otherwise required by law.
Company Contact
Silexion Therapeutics Corp
Ms. Mirit Horenshtein Hadar, CFO
mirit@silexion.com
Capital Markets & IR Contact
Arx Capital Markets
North American Equities Desk
silexion@arxhq.com
