other material
confidence high
sentiment negative
materiality 0.75
NAYA Biosciences executes 1-for-12 reverse stock split to regain Nasdaq compliance
INVO Fertility, Inc.
- Reverse split effective 12:01 a.m. ET on March 18, 2025; stock trades under same symbol 'NAYA'.
- Post-split shares outstanding approx. 666,057; authorized shares reduced to 4,166,666.
- Fractional shares rounded up to next whole share; new CUSIP number 44984F609.
- Split intended to meet Nasdaq $1.00 minimum bid price requirement for continued listing.
- No assurance that reverse split will enable compliance with Nasdaq listing standards.