SplitAug 5, 2026, 04:02 PM
Next Technology Announces 100-for-1 Reverse Stock Split
AI Summary
Next Technology Holding Inc. announced a 100-for-1 reverse stock split of its common stock, effective August 10, 2026. The company's shares will continue to trade on Nasdaq under the existing symbol "NXTT" and will begin trading on a split-adjusted basis on the effective date. This action will reduce the number of outstanding shares from approximately 147.3 million to about 1.47 million, with any fractional shares being rounded up.
Key Highlights
- Next Technology to implement a 100-for-1 reverse stock split.
- Effective 12:01 a.m. ET on August 10, 2026.
- Shares will begin trading on a split-adjusted basis on August 10, 2026.
- Outstanding shares will reduce from approximately 147,296,192 to 1,472,962.
- New CUSIP number for common stock will be 961884400.
- No fractional shares will be issued; any fractional shares will be rounded up.
Price Impact
More from NXTT