Axonex AI Sets 2-for-5 Reverse Stock Split for October 22
Bitget2026/10/20 11:32- Axonex AI Group will implement a 2-for-5 reverse stock split covering Class A ordinary shares and Class B ordinary shares.
- Class A ordinary shares will begin split-adjusted trading on Nasdaq on October 22, 2026, under the unchanged symbol AXNX.
- Outstanding Class A ordinary shares will decline from 15,190,742 to approximately 6,076,297, subject to rounding.
- The consolidation aims to regain compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing.
- Fractional shares resulting from the reverse stock split will be rounded up to the next whole share.
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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