other material
confidence high
sentiment neutral
materiality 0.50
Nexentis Technologies to effect 1-for-7 reverse stock split effective April 7, 2026
Nexentis Technologies Inc.
- Reverse stock split at 1-for-7 ratio; effective April 7, 2026 at 4:15 p.m. EDT.
- Outstanding shares reduced from 5,111,362 to approx 730,309; fractional shares rounded up.
- No change in authorized shares (495M common, 5M preferred) or par value; no dilution.
- Post-split trading on Nasdaq begins April 8 under same symbol NXTS but new CUSIP number.