Glucotrack, Inc. Announces Reverse Stock Split
Glucotrack will effect a 1-for-2 reverse stock split effective at the opening of trading on October 26, 2026, cutting shares outstanding from 2,368,237 to approximately 1,184,119. The split is the company's second in two months — a 1-for-15 split took effect August 28, 2026 — and is intended to regain compliance with Nasdaq's $1.00 minimum bid price requirement.
Key figures
- Prior split
- 1-for-15 effective August 28, 2026
- Compliance deadline
- November 9, 2026
- Reverse split ratio
- 1-for-2
- Shares outstanding after
- 1184119
- Shares outstanding before
- 2368237
- Max authorized split ratio
- 1-for-30
AI analysis
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