Iveda Solutions 1-for-8 reverse stock split effective Sept 17, 2024 to meet Nasdaq bid price rule

Iveda Solutions, Inc.

1-for-8 reverse stock split expected effective at market open on September 17, 2024; shares to trade under same symbol IVDA with new CUSIP 46583A303.
Outstanding shares reduced from ~18,069,891 to ~2,258,737; authorized shares cut from 37,500,000 to 4,687,500.
Publicly traded warrants (IVDAW) adjusted: each 8 warrants now buy 1 share at $34.00 ($4.25 per warrant); CUSIP unchanged.
Reverse stock split aimed at satisfying Nasdaq $1.00 minimum bid price requirement under Listing Rule 5550(a)(2); no stockholder vote required.

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