SplitJul 16, 2026, 10:25 AM
T3 Defense Board Approves 1-for-125 Reverse Stock Split
AI Summary
T3 Defense Inc. announced that its Board of Directors approved a 1-for-125 reverse stock split, effective July 20, 2026. This action is intended to increase the per share trading price of its Common Stock to satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The reverse split will reduce the number of outstanding shares from approximately 139.8 million to about 1 million, with no change to authorized shares or par value, and will not alter stockholders' percentage ownership.
Key Highlights
- Board approved a 1-for-125 reverse stock split.
- Expected to be effective on Monday, July 20, 2026.
- Aims to increase per share trading price to meet Nasdaq listing requirement.
- Outstanding shares reduced from ~139.8 million to ~1 million.
- No fractional shares will be issued; rounded up to nearest whole share.
- Will not alter any stockholder's percentage interest in the Company.
Price Impact
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