Lifeward stock price drops due to announcement of reverse stock split

Investing.com – Lifeward Ltd (NASDAQ:LFWD) stock fell 10.5% on Friday after the company announced a 1-for-12 reverse stock split, which will take effect at the market open on February 24, 2026.

This reverse split will consolidate every 12 issued and outstanding common shares into 1 share. The company’s outstanding shares are expected to decrease from approximately 18.3 million shares before the split to about 1.5 million shares after the split.

Lifeward stated that the reverse split aims to help the company meet Nasdaq’s continued listing standards by increasing the share price to above the minimum $1.00 threshold required by the exchange. The company’s common shares will receive a new CUSIP number (M8216Q309) and will begin trading at the post-split adjusted price on February 24.

The reverse split was authorized by shareholders on January 6, 2026, when shareholders voted to grant the board of directors the authority to decide whether to implement the reverse split and to set the ratio. The board subsequently approved a 1-for-12 ratio and amended the company’s bylaws accordingly.

Along with the reverse split, the board also voted to increase the company’s authorized capital stock to 100,000,000 shares. The reverse split will also apply to warrants, including pre-paid warrants and stock options, with the number of shares and exercise prices adjusted proportionally.

No fractional shares will be issued; all fractional shares will be rounded down to the nearest whole number. Fractional share interests will not entitle holders to voting rights or other shareholder rights.

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