regulatory
confidence high
sentiment negative
materiality 0.75
Reviva Pharma announces 1:20 reverse stock split to regain Nasdaq minimum bid price compliance
REVIVA PHARMACEUTICALS HOLDINGS, INC.
- Reverse stock split at 1:20 ratio effective 12:01 a.m. ET on March 9, 2026; no fractional shares, rounding up.
- Nasdaq Staff granted an exception to demonstrate compliance with $1 bid price requirement through March 27, 2026.
- Company received delisting notice in Nov 2025; hearing held Jan 8, 2026; exception granted.
- If compliance not regained, stock may be delisted, harming liquidity and capital access.
- CUSIP changes to 76152G 209; trading symbol remains RVPH.