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confidence high
sentiment negative
materiality 0.85
Cemtrex announces 1-for-15 reverse stock split to regain Nasdaq compliance
CEMTREX INC
- Reverse split at 1-for-15 effective September 29, 2025; symbol CETX unchanged.
- Current shares outstanding 11,084,809; split aimed at raising bid price above $1 for Nasdaq listing.
- Outstanding Adjustable Warrants (15,412,956 shares at $0.5737) will have exercise price reduced and share count significantly increased due to anti-dilution provisions.
- CUSIP changes to 15130G873; fractional shares rounded up for holders of at least one pre-split share.
- Stockholders approved the reverse split in January 2025; board determined final ratio.
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