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Aditxt, Inc. (NASDAQ: ADTX) Announces Reverse Stock Split
Financial Modeling Prepยท 2025-10-31 13:02
Core Viewpoint - Aditxt, Inc. is preparing for a reverse stock split scheduled for November 3, 2025, consolidating 113 shares into 1 share to adjust the share price and attract more investors [1][5]. Summary by Sections Reverse Stock Split - The reverse stock split aims to adjust the share price and potentially attract more investors, with the current stock price at $0.068, having decreased by 40.61% [2][5]. - The reverse split is expected to help stabilize the stock price by reducing the number of shares available, which may also reduce volatility [2][5]. Market Capitalization and Trading Activity - Aditxt's market capitalization is approximately $165.318 million, reflecting the company's current valuation [3]. - The trading volume today is 38.18 million shares, indicating active trading activity [3]. - Over the past year, the stock has experienced a high of $140 and a low of $0.06, showcasing its volatility [3]. Strategic Implications - Despite the reverse split, Aditxt will maintain its presence on the NASDAQ exchange, aligning with the company's strategy to remain competitive and appealing to investors [4]. - The reverse split is viewed as a strategic move to enhance the stock's marketability and potentially improve its financial standing [4].