iTonic Holdings announces 16-for-1 share consolidation effective Oct. 6

Bitget2026/10/02 13:01

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iTonic will execute a 16-for-1 share consolidation effective 12:01 a.m. ET on Oct. 6, 2026.
Nasdaq trading is expected to begin on a post-consolidation basis on Oct. 6 under the symbol ITOC.
Class A shares outstanding are expected to fall to about 6,836,375 from 109,382,000.
Class B shares outstanding are expected to drop to about 479,250 from 7,668,000.
The move targets compliance with Nasdaq’s $1.00 minimum bid rule, with a deadline of Oct. 19, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iTonic Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610020900PRIMZONEFULLFEED9838411) on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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iTonic Holdings announces 16-for-1 share consolidation effective Oct. 6

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