other_material
confidence high
sentiment neutral
materiality 0.50
NextPlat Corp effectuates 1-for-10 reverse stock split effective April 13, 2026
NextPlat Corp
- Reverse stock split at 1:10 ratio reduces outstanding shares from ~26.9M to ~2.7M.
- Effective at 12:01 am ET on April 13, 2026; ticker NXPL unchanged; new CUSIP 68557F308.
- No fractional shares issued; cash paid in lieu; authorized shares remain at 50M.
- Post-split net loss per share for FY2025 would be $4.41 vs $0.44 pre-split (FY2024: $6.51 vs $0.65).
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