The face value remains unchanged, the authorized share capital remains unchanged, only the numbers are changing.

View Original
MeNews
Bitcoin Treasury Company Nakamoto implements a 1:40 reverse stock split to meet NASDAQ listing requirements
Nasdaq-listed Bitcoin treasury company Nakamoto announced a 1-for-40 reverse stock split to meet the minimum listing price requirement.
The shareholders' meeting has approved it, and after the split, the outstanding shares will decrease from approximately 696 million to about 17.4 million, with the par value and authorized share capital remaining unchanged.
The split will take effect at 12:01 PM Eastern Time on May 22, 2026, and trading will open at the new price after the split, with the trading symbol still NAKA.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned