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Cycurion, Inc. Announces Reverse Stock Split Effective October 27, 2025, for Purpose of Remaining Nasdaq Compliant
Globenewswire· 2025-10-23 15:00
Core Viewpoint - Cycurion, Inc. will implement a one-for-thirty reverse stock split effective October 27, 2025, with shares trading on a split-adjusted basis on The Nasdaq Global Market under the symbol "CYCU" [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split was approved by a majority of shareholders on August 28, 2025, with a range of 3:1 to 75:1, and a maximum aggregate of 250:1 [2]. - Upon the effective date, the number of outstanding shares will decrease from approximately 86,533,435 to about 2,884,447 shares [3]. - No fractional shares will be issued; instead, stockholders will receive cash payments for any fractional shares based on the closing price prior to the effective date [4]. Group 2: Shareholder Information - Shareholders with physical share certificates will receive instructions from Equiniti Trust Company, LLC for exchanging their shares, while those holding shares in brokerage accounts will not need to take any action [5]. - Proportionate adjustments will be made to the exercise price and number of shares for all outstanding warrants, options, and restricted stock awards [6]. Group 3: Company Overview - Cycurion, Inc. is a cybersecurity solutions provider based in McLean, Virginia, specializing in IT cybersecurity, program management, and business continuity [8]. - The company utilizes its AI-enhanced ARx platform to deliver innovative services to government, healthcare, and corporate clients [8].
Gulf Resources, Inc. Announces Reverse Stock Split
Globenewswire· 2025-10-22 12:30
Core Points - Gulf Resources, Inc. will implement a 1-for-10 reverse stock split effective October 27, 2025, to increase the bid price of its common stock and regain compliance with Nasdaq listing requirements [1][2][3] - The reverse stock split will reduce the number of outstanding shares from approximately 13.63 million to about 1.36 million, while the number of authorized shares will remain unchanged [3][4] - Stockholders will not need to take any action as the adjustment will occur automatically, and fractional shares will be rounded up to the nearest whole number [4] Company Overview - Gulf Resources, Inc. operates through four wholly-owned subsidiaries and is one of the largest producers of bromine in China, with applications in various industries including agriculture and pharmaceuticals [6] - The company also manufactures chemical products for oil and gas exploration, papermaking, and crude salt through its subsidiaries [6]
Stock-Split Watch: Could IonQ Be the Next Quantum Computing Stock to Split?
Yahoo Finance· 2025-10-20 20:21
Group 1 - Stock splits are tools used by companies to manipulate share price and outstanding share count without affecting market cap [1] - Companies typically conduct stock splits after significant price movements, either up or down [1][7] - IonQ is highlighted as a potential candidate for a stock split due to its performance in the quantum computing sector [1][7] Group 2 - Traditional stock splits lower share price and increase outstanding shares, making stocks more accessible to retail investors [4] - The primary reason for stock splits is to enhance liquidity and attract investor interest [4][7] - Reverse stock splits raise share price and reduce share count, often used to avoid delisting from major exchanges [5][6]
WORK Medical Technology Group LTD Announces 1-for-100 Reverse Stock Split Effective October 21, 2025
Globenewswire· 2025-10-16 20:10
Core Points - WORK Medical Technology Group LTD will implement a reverse stock split of its ordinary shares on a 1-for-100 basis, effective October 21, 2025 [1][2] - The reverse stock split aims to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) regarding the minimum bid price per share [2] - The total number of outstanding Class A ordinary shares will decrease from approximately 96 million to about 960,000, and Class B ordinary shares will reduce from approximately 7.59 million to around 76,000 [4] Company Overview - WORK Medical is a supplier of medical devices in China, developing and manufacturing Class I and II medical devices, including disposable medical devices [5] - The company has a diverse product portfolio of 21 products, including customized masks, and has sold products in 34 provincial-level regions in China and over 30 countries globally [5] - WORK Medical has received various quality-related manufacturing designations and has registered 17 products with the U.S. FDA for entry into the U.S. market [5]
DIH Holding US, Inc. Announces Reverse Stock Split of its Series A Common Stock
Globenewswire· 2025-10-16 12:00
Core Points - DIH Holding US, Inc. announced a reverse stock split of its Class A Common Stock at a ratio of 1-for-25, effective October 20, 2025 [1] - The reverse stock split was approved by stockholders on September 25, 2025, and the final ratio was determined by the Board of Directors on September 26, 2025 [1][2] - Following the reverse stock split, the number of outstanding shares will decrease from approximately 52,316,314 to about 2,092,652 [3] Company Overview - DIH aims to "Deliver Inspiration & Health" by providing advanced robotic devices for physical rehabilitation, targeting individuals with disabilities and functional impairments [5] - The company is a global provider of rehabilitation solutions, focusing on interactive devices that enhance clinical research and rehabilitation for patients with mobility and functional challenges [5] - DIH has grown through mergers of leading niche technology providers, positioning itself as a transformative player in a fragmented industry [5]
EF Hutton Acquisition I(EFHT) - Prospectus(update)
2025-10-15 21:29
As filed with the U.S. Securities and Exchange Commission on October 15, 2025 Registration No. 333-288692 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 5 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ECD Automotive Design, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 3711 86-2559175 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Ident ...
X @Decrypt
Decrypt· 2025-10-15 20:16
Stock Performance - ETHZilla stock falls after reverse stock split [1] - Ethereum Treasury firm implements a 1-for-10 reverse stock split [1]
Billionaires Warren Buffett, Israel Englander, and Steven Cohen Are Piling Into Wall Street's Most Popular Reverse Stock Split of 2025
The Motley Fool· 2025-10-12 09:10
Group 1: Reverse Stock Splits - Reverse stock splits allow companies to artificially increase their stock price and lower their outstanding share count without changing the market cap [1] - Companies typically use reverse stock splits to raise their stock price to make it more comparable to peers and to avoid delisting risks from stock exchanges [2] - Reverse stock splits are not particularly popular as they may indicate management's lack of confidence in operational execution [3] Group 2: Sirius XM Holdings - Sirius XM Holdings was created from a complex transaction involving the split of digital audio assets from Liberty Media, which included a 1-for-10 reverse stock split [4] - Following the creation of Sirius XM, significant investments from prominent investors like Warren Buffett, Steve Cohen, and Israel Englander have been observed, indicating bullish sentiment [5][9] - Sirius is viewed as a legal monopoly in the U.S. with the only commercial satellite license, but it faces intense competition from companies like Spotify [6] Group 3: Financial Performance and Strategy - Sirius has struggled with subscriber growth, experiencing a decline and a stock price drop of approximately 61% over the past five years [7] - Management's turnaround plan includes new pricing models, a new in-car tech platform, and a focus on advertising revenue through podcasts, aiming to add 10 million subscribers and grow free cash flow by 50% to $1.8 billion [7] - Despite the ambitious plan announced in September 2024, there has been no tangible progress in financial results, with subscriber and revenue declines reported [8] Group 4: Investment Insights - Berkshire Hathaway purchased $106 million of Sirius shares, increasing its ownership to 37% of outstanding shares [9] - Point72 Asset Management initiated a new position in Sirius, acquiring approximately 4.2 million shares [9] - Millennium Management increased its position in Sirius by 139% in the second quarter, now owning over 2.1 million shares [9] Group 5: Dividend and Cash Flow - Shareholders can benefit from Sirius' 4.7% dividend yield while awaiting the company's transformation [10] - The trailing-12-month free cash flow yield stands at 12.3%, suggesting that the dividend is sustainable [10]
CDT Equity Inc. Announces Reverse Stock Split
Globenewswire· 2025-10-09 12:00
Core Viewpoint - CDT Equity Inc. has announced a 1-for-8 reverse stock split aimed at increasing the funds available for executing its strategic initiatives [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect on October 10, 2025, at 5:00 PM Eastern Time, with trading on a reverse-adjusted basis starting on October 13, 2025 [2]. - Every eight shares of the Company's common stock will be combined into one share, maintaining a par value of $0.0001 per share [3]. - The number of outstanding shares will be reduced to approximately 1,352,448, and no fractional shares will be issued; stockholders entitled to fractional shares will receive a cash payment [4]. Group 2: Stockholder and Trading Information - The Company's transfer agent, VStock Transfer, LLC, will manage the exchange process, and registered stockholders will not need to take action to receive their new shares [5]. - The common stock will continue to trade under the ticker symbol "CDT" with a new CUSIP number of 20678X403 following the reverse stock split [4]. Group 3: Company Overview - CDT Equity Inc. is a biopharmaceutical development company focused on advancing therapeutic assets through scientific innovation and strategic partnerships [6]. - The company leverages artificial intelligence and solid-form chemistry to accelerate the development of novel treatments, aiming to create shareholder value through licensing and strategic mergers and acquisitions [6].
Tile Shop's Board of Directors Approves Plan to Terminate Registration of Its Common Stock
Globenewswire· 2025-10-06 20:05
Core Viewpoint - Tile Shop Holdings, Inc. plans to delist its shares from Nasdaq and suspend its reporting obligations to the SEC to reduce costs and focus on long-term shareholder value [1][2][4]. Delisting and Deregistration Plan - The Independent Transaction Committee has recommended and the Board has approved a plan to delist shares, suspend periodic reporting, and terminate registration under federal securities laws after a proposed reverse stock split [1][4]. - The anticipated savings from this plan are approximately $2.4 million annually [2]. Reverse Stock Split Details - The proposed reverse stock split will be at a ratio between 1-for-2,000 and 1-for-4,000, with fractional shares being cashed out at $6.60 per share, which is a premium over the closing price on October 2, 2025 [3]. - Stockholders with more shares than the split ratio will remain shareholders, and their number of shares will be unchanged post-transaction [3][4]. Board's Rationale - The Board unanimously believes the transaction is in the best interests of the Company and its stockholders, as the Company incurs significant costs without realizing the benefits of public company status [4][5]. - The reverse stock split aims to reduce the number of record holders below 300, thus eliminating SEC public reporting obligations, and to provide liquidity to smaller stockholders [4][5]. Future Steps - The Company expects to hold a Special Meeting in December 2025 for stockholder approval of the proposed transaction [6]. - Following stockholder approval, the Company plans to delist its common stock and cease SEC filings shortly thereafter [7].