New York, New York, USA, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Direxion, a leading provider of ETFs for tactical traders, has announced date changes for the reverse split of the issued and outstanding shares of the Direxion Daily MU Bear 1X Shares and Direxion Daily TSLA Bear 1X Shares, (the “Funds”). The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below. Please see the previously communicat ...

Incannex’s common stock is expected to begin trading on a post-split adjusted basis on February 27, 2026MELBOURNE, Australia and NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”), a clinical-stage pharmaceutical company developing innovative combination therapies for high-impact medical conditions, today announced that the board of directors of the Company approved a 1-for-30 reverse stock split (the “Reverse Split”) of the Company’s common sto ...

Core Insights - Big Tree Cloud Holdings Limited (DSY) is an international capital platform established in 2020, focusing on industrial integration and strategic investment in China's personal care industry while recently expanding into the AI sector to meet market demands [1] Group 1: Corporate Actions - On February 23, 2026, DSY executed a reverse stock split at a 20-for-1 ratio, consolidating every 20 ordinary shares into one to streamline its share structure [2] - The reverse stock split coincided with the adoption of a dual-class share structure, which includes Class A and Class B ordinary shares, aimed at enhancing capital management flexibility [3] Group 2: Stock Performance - Despite strategic changes, DSY's stock price has faced challenges, currently priced at $3.21, reflecting a decrease of approximately 10.13% or $0.362 on the day, with a trading range between $3.17 and $3.84 [4] - DSY's market capitalization is approximately $15.25 million, with a trading volume of about 30,266 shares, and there has been a delay in implementing the reverse share split, with a new effective date to be announced [5]

Core Viewpoint - Bitcoin Depot Inc. will implement a one-for-seven (1:7) reverse stock split effective February 23, 2026, at 12:01 a.m. Eastern time, with trading on a split-adjusted basis commencing the same day [1]. Group 1: Reverse Stock Split Details - The reverse stock split was authorized by stockholders holding a majority of voting power on January 12, 2026, and subsequently approved by the Board on February 12, 2026 [2]. - The reverse stock split will not change the authorized number of shares of Common Stock or preferred stock, and no fractional shares will be issued; instead, stockholders will receive cash payments for fractional shares [4]. - Following the reverse split, the exercise price for warrants will increase to $80.50, with every seven shares of Class A Common Stock purchasable under the warrants representing one share post-split [5]. Group 2: Impact on Stockholders - Stockholders will receive information from Continental Stock Transfer & Trust regarding their stock ownership after the reverse split, and those holding shares in brokerage accounts will not need to take any action [7]. - Outstanding equity-based awards and other securities convertible into Common Stock will be proportionately adjusted according to the terms specified by the Board [6]. Group 3: Company Overview - Bitcoin Depot, founded in 2016, aims to connect cash users to the digital financial system, allowing cash conversion to Bitcoin at over 9,000 kiosks globally as of August 2025 [10].

Group 1 - Herzfeld Credit Income Fund, Inc. announced an estimated net asset value (NAV) of $2.16 as of January 30, 2026, following a 1-for-10 reverse stock split effective February 9, 2026, resulting in a post-reverse split adjusted NAV of $21.56 [1] - Thomas J. Herzfeld Advisors, Inc. is an SEC registered investment advisor specializing in investment analysis and account management in closed-end funds, established in 1984 [2] Group 2 - The Fund's investment is subject to certain risks, including market risk, and shares of closed-end funds often trade at a discount from their NAV [3] - Forward-looking statements made by the Fund or its advisor may involve various assumptions and uncertainties, and actual results could differ materially from those anticipated [4]

Core Viewpoint - The company is undergoing a strategic recapitalization to transform into a dedicated commercial real estate and opportunistic investment platform [1] Group 1: Strategic Actions - A 6:1 reverse stock split was executed in the fourth quarter to enhance share price optics and attract a broader investor base [1] - The management takeover in June 2024 led to a flat performance during the transition period, focusing on cleaning the balance sheet and raising liquidity [1] Group 2: Current Strategy and Market Position - The current strategy utilizes the parent company's ecosystem, including the Genesis and Paramount platforms, to source high-yielding assets without experiencing a traditional J-curve [1] - The company attributes its current valuation discount to a dislocated real estate sector, where many peers are facing liquidity issues or underwater balance sheets [1] Group 3: Financial Position - The company maintains a defensive posture with approximately $100 million in cash and liquidity, awaiting market stabilization to implement growth plans [1]

Core Viewpoint - Intensity Therapeutics, Inc. announced a 1-for-25 reverse stock split to increase the per share trading price and regain compliance with Nasdaq's minimum bid price requirement [1] Company Overview - Intensity Therapeutics is a late-stage clinical biotechnology company focused on developing novel intratumoral cancer therapies using proprietary non-covalent conjugation technology [1] - The company’s lead product candidate, INT230-6, is designed for direct intratumoral injection and combines two potent anti-cancer agents, cisplatin and vinblastine sulfate, with a diffusion enhancer [1] Reverse Stock Split Details - The reverse stock split will take effect on February 18, 2026, with trading on a split-adjusted basis starting February 19, 2026 [1] - The number of outstanding shares will decrease from approximately 63,346,579 to about 2,533,863 shares [1] - No fractional shares will be issued; stockholders will receive cash payments for any fractional shares [1] Clinical Trials and Product Development - INT230-6 has shown the ability to kill tumors and elicit an immune response within days of injection, representing a potential shift in cancer treatment paradigms [1] - The company has completed two clinical studies with over 200 patients, including a Phase 1/2 study in metastatic cancers and a Phase 2 randomized control trial in locally advanced breast cancer [1] - A Phase 3 trial in soft tissue sarcoma and a Phase 2 study in collaboration with the Swiss Cancer Group are also underway [1]

Quarterly Supplement Q4 2025 Disclaimers IN GENERAL. This disclaimer applies to this document and the verbal or written comments of any person presenting it. This document, taken together with any such verbal or written comments, is referred to herein as the "Presentation." Detailed endnotes are included in the Appendix. 2 Rithm Property Trust Rithm Property Trust (NYSE: RPT) is a real estate investment platform focused on commercial real estate ("CRE") lending and opportunistic investing $2B+ Active Invest ...

Core Viewpoint - EpicQuest Education Group International Limited has announced a reverse stock split of its ordinary shares at a ratio of 1-for-16, along with amendments to its Memorandum and Articles of Association to reduce the authorized number of shares and increase the par value per share [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect on February 17, 2026, with shares trading on a split-adjusted basis on the Nasdaq Capital Market under the new CUSIP number G3104J142 [2]. - The number of outstanding ordinary shares will decrease from approximately 23,671,667 to about 1,479,479 shares as a result of the reverse stock split [3]. - No fractional shares will be issued; instead, cash will be paid for fractional shares based on the fair value determined by the closing price on the first trading day after the split [4]. Group 2: Company Strategy and Operations - EpicQuest Education's internationalization strategy focuses on collaborative programs with its institutions, Davis University and EduGlobal College, to enhance student enrollment and academic offerings [6]. - The company operates EduGlobal College in British Columbia, Canada, and holds a 70% ownership stake in Davis University in Toledo, Ohio, which provides career training [7]. - EpicQuest Education has established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio to offer international educational programs related to kinesiology and recreation education [7].

Core Viewpoint - Cre8 Enterprise Limited is implementing a reverse stock split to increase the per share trading price of its Class A Ordinary Shares to meet Nasdaq's minimum bid price requirement of $1.00 for continued listing [5]. Group 1: Reverse Stock Split Details - The reverse stock split will occur at an exchange ratio of one share for twelve shares, reducing the number of outstanding Class A Ordinary Shares from approximately 19,667,500 to about 1,638,959 [3]. - The reverse stock split was approved by the Company's Board of Directors on January 15, 2026 [1]. - The new CUSIP number for the Class A Ordinary Shares post-split will be G2R63D113, and trading will begin on February 13, 2026, under the ticker symbol "CRE" [2]. Group 2: Shareholder Information - Registered shareholders do not need to take any action regarding the reverse stock split, as they will receive book-entry shares instead of physical stock certificates [4]. - Fractional shares resulting from the split will not be issued; instead, they will be rounded up to the next whole number [3]. Group 3: Company Overview - Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a range of services from design to logistics [6]. - The company has expanded its offerings to include complementary design services and technological support for disseminating financial reports and announcements [6].