other material
confidence high
sentiment negative
materiality 0.75
Cemtrex announces 1-for-15 reverse stock split effective June 5, 2026 to regain Nasdaq compliance
CEMTREX INC
- 1-for-15 reverse split effective June 5, 2026 at 12:01 a.m. ET; symbol CETX unchanged; new CUSIP 15130G865.
- Split intended to raise bid price above $1 to maintain Nasdaq Capital Market listing compliance.
- Pre-split shares outstanding: 11,121,834; post-split approximately 741,456 (rounded up for fractional shares).
- Adjustable warrants covering 3,975,653 pre-split shares will have exercise price reduced to lowest 5-day VWAP pre/post-split; warrant shares increased proportionally.