According to documents submitted to the U.S. Securities and Exchange Commission, shareholders of MetaVia Inc have approved a reverse stock split plan, with the specific ratio to be determined within the range of 1-for-5 to 1-for-22.

The final ratio of the reverse split will be determined at the discretion of the company's board of directors, aiming to increase the per-share price and potentially meet the continued listing requirements of the relevant stock exchange. This measure is commonly adopted by companies whose share prices have long been below the required threshold. Shareholders authorize the board of directors to implement the reverse split within this scope without further shareholder approval. The company expects to issue further announcements after determining the specific ratio and effective date.