Maris Tech Ltd. (MTEK) Form 6-K — Oct 20, 2026
Maris-Tech Ltd. has called a Special General Meeting of Shareholders for November 10, 2026, to approve one or more reverse share splits at the Board's discretion. Each split would be at a ratio of not less than 1-for-2, with the cumulative ratio of all splits not to exceed 1-for-250, exercisable at any time within 18 months following the meeting. The stated purpose is to provide flexibility to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share — an implicit admission that the stock is trading below, or at risk of falling below, the listing threshold.
Key figures
- Reverse split ratio max
- 1:250
- Reverse split ratio min
- 1:2
- Authorized share capital
- 100000000
- Authorization window months
- 18
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