other_material
confidence high
sentiment neutral
materiality 0.60
Lifeward completes 1-for-12 reverse stock split to regain Nasdaq compliance
Lifeward Ltd.
- 18.34M shares consolidated to ~1.53M shares; authorized shares increased from 75M to 100M.
- Reverse split effective Feb 24, 2026, approved by Finance Committee on Jan 30 and Feb 16.
- Purpose: to meet Nasdaq minimum $1.00 bid price requirement for continued listing.
- Fractional shares rounded down; warrants and options adjusted proportionately.
- Trading symbol LFWD unchanged; new CUSIP M8216Q309.
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