BioAtla Announces 50-for-1 Share Consolidation

BioAtla, Inc. announced a 50-for-1 share consolidation of its common stock to increase its per-share trading price and regain compliance with Nasdaq’s $1.00 minimum bid price requirement. This strategic move, effective April 6, 2026, aims to maintain the company’s Nasdaq listing, which is crucial for accessing capital markets and funding ongoing research and development. Stockholders approved the consolidation on March 23, 2026, with fractional shares to be paid in cash.