NextPlat approves 1-for-10 reverse stock split to regain Nasdaq bid price compliance

NextPlat Corp

Stockholders approved reverse split at special meeting on March 27, 2026.
Board set ratio at 1-for-10; effective 12:01 a.m. ET on April 6, 2026.
Outstanding shares reduced from ~27,026,215 to ~2,702,621 shares; ticker NXPL unchanged.
New CUSIP for common stock: 68557F308; fractional shares will be cashed out.
Reverse split required to meet Nasdaq minimum bid price requirement for continued listing.

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