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Moolec Science SA Undergoes Reverse Stock Split
Financial Modeling Prep· 2026-01-06 09:00
Moolec Science SA (NASDAQ:MLEC) executed a reverse stock split at a 15-for-1 ratio, significantly reducing the total number of shares available.The reverse stock split adjusted the par value of each share from $0.10 to $1.50, with the current stock price marking an increase to $4.30.Following the reverse stock split, MLEC's market capitalization stands at approximately $3.12 million, aiming to stabilize the stock's performance and improve market perception.Moolec Science SA, listed on NASDAQ under the symbo ...
Clearmind Medicine Inc. (NASDAQ: CMND) Announces Reverse Stock Split
Financial Modeling Prep· 2025-12-15 23:00
Core Viewpoint - Clearmind Medicine Inc. is implementing a reverse stock split to comply with Nasdaq regulations, which will significantly reduce its outstanding shares while maintaining authorized share capital [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will occur at a ratio of 40 for 1 on December 15, 2025, reducing outstanding shares from approximately 60 million to 1.5 million [1][2]. - The board of directors approved this decision on November 12, 2025, and no fractional shares will be issued; instead, they will be rounded up to the nearest whole share [2]. Group 2: Stock Performance - Following the announcement, CMND's share price dropped 29.92% in after-hours trading, with the stock closing at $0.11 before the announcement, reflecting a decrease of 6.08% [3]. - The current stock price is $2.61, indicating a decrease of approximately 12.14% [3]. - The stock has shown significant volatility, trading between $2.54 and $3.25 on the day of the announcement, with a yearly high of $87.20 and a low of $2.54 [4]. Group 3: Market Capitalization and Trading Volume - CMND's market capitalization is approximately $14.27 million, with a trading volume of 247,625 shares [4].
NuRAN Wireless Inc. (OTC:NRRWF) Undergoes Reverse Stock Split
Financial Modeling Prep· 2025-12-09 22:05
Core Insights - NuRAN Wireless Inc. is focused on providing affordable connectivity solutions in underserved regions [1][3] - The company underwent a reverse stock split at a ratio of 300 for 1, effective December 9, 2025 [1][2] - The reverse stock split reduced the number of outstanding shares to approximately 409,435 [2] - The stock price has fluctuated significantly, reaching a high of $23.19 and a low of $0.02 over the past year, currently priced at $4.29 [3] - The market capitalization of NuRAN is approximately $136.1 million, with a trading volume of 20,000 shares [3] - The consolidation of shares aims to meet regulatory requirements for listing on major U.S. exchanges like NASDAQ or NYSE [3] - All open orders were canceled at the close of business on December 8, 2025, requiring dealers to re-enter orders post-consolidation [3]
Brand Engagement Network Inc. (NASDAQ:BNAI) Announces 1-for-10 Reverse Stock Split
Financial Modeling Prep· 2025-12-08 19:06
Core Viewpoint - Brand Engagement Network Inc. (NASDAQ:BNAI) is implementing a 1-for-10 reverse stock split on December 12, 2025, to consolidate shares and potentially improve market perception of the stock [1]. Group 1: Reverse Stock Split Details - The reverse stock split will not change the number of authorized shares or the par value of BNAI's common stock, meaning the overall structure remains unchanged despite a decrease in shares held by investors [2]. - The stock will continue trading on the Nasdaq Capital Market under the same symbol, BNAI, but will have a new CUSIP number, 104932 207 [2]. Group 2: Current Stock Performance - BNAI is currently priced at $0.26, with a decrease of 6.09% today, and has traded between $0.26 and $0.28 during the day [3]. - Over the past year, BNAI has experienced a high of $1.18 and a low of $0.23, indicating volatility in its trading pattern [3]. Group 3: Market Capitalization and Trading Volume - BNAI's market capitalization is approximately $11.97 million, with a trading volume of 1,537,663 shares [4]. - The reverse stock split may impact these figures by altering the stock's price and trading dynamics, and no fractional shares will be issued; instead, stockholders entitled to fractional shares will receive a cash payment [4].
Why ChargePoint Stock Slumped This Week
The Motley Fool· 2025-08-01 22:42
Core Viewpoint - ChargePoint Holdings executed a reverse stock split, which negatively impacted its stock price, overshadowing some positive developments within the company [1][2]. Company Actions - ChargePoint conducted a 1-for-20 reverse stock split to comply with the New York Stock Exchange's minimum price requirement of an average of at least $1 per share over a 30-day trading period [5]. - The reverse stock split resulted in a significant drop in share price, with a decline of over 22% during the trading week [2][3]. Financial Performance - ChargePoint has been facing challenges, including declining revenue growth and ongoing bottom-line losses, alongside a slowdown in electric vehicle sales growth compared to previous years [5]. Positive Developments - Despite the negative impact of the reverse stock split, ChargePoint launched its Safeguard Care program, which offers end-to-end reliability monitoring of its charging stations, potentially providing a competitive advantage [6].