SplitApr 17, 2026, 08:02 AM
zSpace to Implement 1-for-25 Reverse Stock Split
AI Summary
zSpace, Inc. announced its intention to implement a 1-for-25 reverse stock split of its common stock, with split-adjusted trading commencing on April 21, 2026. The corporate action is primarily aimed at increasing the per-share trading price to meet The Nasdaq Capital Market's minimum bid price requirement for continued listing. Following the split, the approximately 75.98 million outstanding shares will be reduced to about 3.04 million, with any fractional shares rounded up to the next whole number.
Key Highlights
- zSpace to implement a 1-for-25 reverse stock split.
- Trading on a split-adjusted basis begins April 21, 2026.
- Aims to regain compliance with Nasdaq's minimum bid price requirement.
- Shares outstanding will reduce from 75.98 million to approximately 3.04 million.
- Fractional shares resulting from the split will be rounded up.