EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Kairos Pharma Announces 1-for-7 Reverse Stock Split LOS ANGELES - August 21, 2026 - Kairos Pharma, Ltd. (NYSE American: KAPA), a clinical-stage biopharmaceutical company focused on overcoming cancer drug resistance, today announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-7 (the “Reverse Stock Split”). The Reverse Stock Split is expected to become effective on September 1, 2026 at 12:01 a.m. ET (the “Effective Time”), with shares expected to begin trading on the NYSE American on a split-adjusted basis at market open on September 1, 2026 under the existing trading symbol “KAPA” and a new CUSIP number of 48301N203. In connection with the Reverse Stock Split, every seven (7) shares of the Company’s common stock issued and outstanding immediately prior to the Effective Time will be automatically reclassified and combined into one (1) share of common stock. No fractional shares of common stock will be issued as a result of the Reverse Stock Split. Instead, the Company will issue to holders of record who were entitled to a fraction of a share as a result of the Reverse Stock S…
Open exhibit ↗Current Report · Items 3.03, 5.03, 7.01, 9.01 · 8-K
Kairos Pharma, Ltd.
KAPANYSE_AMERICANEQUITYCurrent
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure
Item Material 3.03 Modification to Rights of Security Holders. To the extent required by Item 3.03 of Form 8-K, the information regarding the Reverse Stock Split (as defined below) contained in Item 5.03 of this Current Report on Form 8-K is incorporated by reference herein.
Disclosure sections
Item 3.03Item 3.03 - Material Modification to Rights
Item Material
3.03 Modification to Rights of Security Holders.
To
the extent required by Item 3.03 of Form 8-K, the information regarding the Reverse Stock Split (as defined below) contained in Item
5.03 of this Current Report on Form 8-K is incorporated by reference herein.
Item 5.03Item 5.03 - Amendments to Articles/Bylaws
Item Amendment
5.03 to Articles of Incorporation or Bylaws; Change in Fiscal Year.
At
the 2026 annual meeting of stockholders of Kairos Pharma, Ltd. (the “Company”) held on June 29, 2026 (the “Annual
Meeting”), the Company’s stockholders approved an amendment to the Company’s certificate of incorporation to authorize
one or more reverse stock splits of the Company’s outstanding shares of common stock, par value, $0.001 per share (the “Common
Stock”), at a reverse split ratio between one-for-three (1:3) and one-for-two hundred and fifty (1:250), as determined by the Board
of Directors of the Company (the “Board”) from time to time.
On
August 18, 2026, pursuant to such authority granted by the Company’s stockholders at the Annual Meeting, the Board authorized Company
management to complete a reverse stock split of one-for-seven (1:7) (the “Reverse Stock Split”) of the issued and outstanding
shares of Common Stock. On August 21, 2026, the Company filed a certificate of amendment to amend the certificate of incorporation
of the Company (the “Certificate of Amendment”) with the
Secretary of State of the State of Delaware, with an effective date of September 1, 2026 (the “Effective Date”).
The
Reverse Stock Split will become effective at the start of trading on September 1, 2026 (the “Effective Time”),
at which time it will begin trading on the NYSE American LLC (“NYSE American”) on a Reverse Stock Split-adjusted basis. At such time, every seven (7) shares of the Company’s issued and outstanding
Common Stock immediately prior to the Effective Time will automatically
be reclassified into one (1) share of Common Stock, without any change in the par value per share. The Reverse Stock Split will
also reduce the number of shares of Common Stock
issuable upon the exercise or vesting of the Company’s outstanding warrants and restricted stock units in proportion to the ratio
of the Reverse Stock Split and causes a proportionate increase in the exercise prices of such warrants. The Reverse Stock Split will not change the total number of authorized shares of Common
Stock or preferred stock.
The
new CUSIP number for the Company’s Common Stock following the Reverse Stock Split is 48301N203.
No
fractional shares will be issued as a result of the Reverse Stock Split. Stockholders who otherwise would be entitled to receive a fractional
share in connection with the Reverse Stock Split will receive one full share of the post-Reverse Stock Split Common Stock in lieu of
such fractional share. VStock Transfer LLC is acting as exchange agent for the Reverse Stock Split and will notify stockholders of record
regarding the Reverse Stock Split. Stockholders who hold their shares in book-entry form or in
“street name” (through a broker, bank or other holder of record) are not required to take any action.
The
foregoing description of the Certificate of Amendment does not purport to be complete and is qualified in its entirety by reference to
the full text of the Certificate of Amendment, which is filed as Exhibit 3.1 to this report and incorporated by reference herein.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item Regulation
7.01. FD Disclosure.
On
August 21, 2026, the Company issued a press release announcing the Reverse Stock Split. A copy of the press release is attached hereto
as Exhibit 99.1 and is incorporated herein by reference.
The
information in this Item 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.1 is being furnished
to the U.S. Securities and Exchange Commission, and shall not be deemed to be “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section,
and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by a specific reference in such filing.