NextPlat Corp (NASDAQ:NXPL) Announces 1-for-10 Reverse Stock Split to Regain Nasdaq Compliance

Reverse Stock Split: NextPlat Corp (NASDAQ:NXPL) will execute a 1-for-10 reverse stock split, consolidating every 10 shares into one.Share Reduction: Outstanding shares will decrease from over 27 million to approximately 2.7 million, while the ticker symbol remains unchanged.Market Performance: NXPL is currently priced at $0.372, down 21.02% today, with a market capitalization of $10.04 million and a trading volume of 690,229 shares.NextPlat Corp (NASDAQ:NXPL) is a global consumer products and services comp ...