other_material
confidence high
sentiment neutral
materiality 0.60
ETHZilla announces 1-for-10 reverse stock split effective Oct 20, 2025
FORUM MARKETS Inc
- Reverse split at 1-for-10 ratio reduces outstanding shares from ~160M to ~16M.
- Effective Oct 20, 2025 at 12:01 a.m. EDT; shares begin trading split-adjusted on Nasdaq.
- Trading symbols unchanged (ETHZ for common, ETHZW for warrants).
- Company states split is to attract institutional investors with stock above $10; not related to listing requirements.
- Fractional shares will be cashed out based on closing price on Oct 17, 2025.
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