Axonex AI Group Limited Announces 2-for-5 Reverse Stock Split
Axonex AI Group announced a 2-for-5 reverse stock split effective at the market open on October 22, 2026, cutting Class A shares outstanding from 15,190,742 to approximately 6,076,297. The company stated the split is intended to lift the per-share trading price above the $1.00 minimum bid requirement for continued Nasdaq Capital Market listing.
Key figures
- Reverse split ratio
- 2-for-5
- Shares outstanding after
- 6076297
- Min bid price requirement
- $1.00
- Shares outstanding before
- 15190742
AI analysis
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