SplitApr 29, 2026, 04:54 PM
BKYI Announces 1-for-10 Reverse Stock Split Effective April 29
AI Summary
BIO-key International Inc. announced a 1-for-10 reverse stock split, effective April 29, 2026, at 5:00 p.m. ET. The company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market on April 30, 2026, under a new CUSIP number. This action will reduce the total outstanding shares from approximately 10.85 million to 1.08 million, with fractional shares rounded up.
Key Highlights
- BIO-key International Inc. (BKYI) approved a 1-for-10 reverse stock split.
- The reverse stock split becomes effective at 5:00 p.m. ET on April 29, 2026.
- Common Stock will begin trading on a split-adjusted basis on Nasdaq Capital Market on April 30, 2026.
- New CUSIP number for the common stock is 09060C606.
- Outstanding shares will reduce from approximately 10,852,118 to 1,085,212.
- Fractional shares will be rounded up to the nearest whole share.