Duke Robotics Announces 25-for-1 Reverse Stock Split

Core Viewpoint - Duke Robotics Corp. is implementing a 25-for-1 reverse stock split to increase the per-share market price of its common stock, aiming to support a potential uplisting to a national securities exchange [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect on March 6, 2026, with the company's common stock trading under the new ticker symbol DUKRD for 20 trading days [1][2]. - After the reverse stock split, the outstanding shares will decrease from 56,302,147 to approximately 2,252,086 [4]. - The total number of authorized common stock will remain at 350,000,000 shares post-split [4]. Group 2: Shareholder Impact - The reverse stock split is not expected to change any stockholder's proportional ownership interest, aside from minimal effects from fractional shares [5]. - Registered stockholders in book-entry form do not need to take any action, while those holding shares through brokers should contact their brokers for inquiries [5]. Group 3: Company Overview - Duke Robotics develops advanced stabilization and autonomous robotic drone systems for civilian and defense markets, including the Insulator Cleaning Drone and the Bird of Prey weapons drone system [7].