other material
confidence high
sentiment negative
materiality 0.60
NeuroOne to effect 1-for-6 reverse stock split to regain Nasdaq compliance
NEUROONE MEDICAL TECHNOLOGIES Corp
- Board approved 1-for-6 reverse stock split, effective 5:00 p.m. ET on April 15, 2026.
- Trading on Nasdaq will commence on split-adjusted basis under symbol NMTC on April 16, 2026.
- No fractional shares; stockholders entitled to cash payment for fractional interests.
- Reverse split intended to increase bid price and regain compliance with Nasdaq minimum bid rule.
- Authorized shares and par value unchanged; CUSIP changes to 64130M308.