Nakamoto completes 1-for-40 reverse stock split to meet NASDAQ listing requirements
Nakamoto Inc. has completed a 1-for-40 reverse stock split to comply with NASDAQ listing requirements. This action was taken after the company's stock price fell over 99% from its highs in 2025, necessitating a rise above the $1 minimum bid price. The reverse split reduces the number of outstanding shares significantly, aiming to attract institutional investors and stabilize the stock's trading environment.
- ▪Nakamoto executed a 1-for-40 reverse stock split effective May 22, 2026.
- ▪The company's stock had declined from approximately $34 in 2025 to around $0.16 before the split.
- ▪The reverse split consolidated roughly 696.1 million outstanding shares into about 17.4 million.
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Nakamoto completes 1-for-40 reverse stock split to meet NASDAQ listing requirements David Bailey's Bitcoin treasury company consolidates shares after a 99% decline from 2025 highs, racing to satisfy Nasdaq's minimum bid price before a June deadline. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Nakamoto Inc.
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