Reverse Stock Split
-
Lytus Technologies Announces Reverse Stock Split
Lytus Technologies (LYTHF) announced a 1-for-2,500 reverse stock split, effective September 26, 2025, aiming to increase its market price to meet NYSE American listing requirements. The company will continue trading under “LYTHF” with CUSIP number G5851A141. The split impacts all shareholders uniformly, rounding fractional shares up. VStock Transfer LLC is the transfer agent. The company focuses on platform services, including streaming, telemedicine, and fintech across India and international markets.
-
General Enterprise Ventures Announces Reverse Stock Split
General Enterprise Ventures (GEVI) announced a 1-for-6 reverse stock split, effective August 27, 2025, reducing outstanding shares to approximately 14.6 million. The stock will trade as GEVID temporarily before reverting to GEVI. This strategic move aims to meet national securities exchange listing requirements and attract institutional investors. The split won’t affect percentage ownership; fractional shares will be rounded up. The company, through its subsidiary Mighty Fire Breaker, seeks growth in wildfire prevention technology.
-
BriaCell Sets Proposed Effective Date for Share Consolidation
BriaCell Therapeutics (BCTX) announced a 1-for-10 reverse stock split, effective August 25, 2025, to maintain Nasdaq listing compliance. Shareholders receive one new share for every ten held; fractional shares of 0.5 or greater will be rounded up. The company’s convertible securities will be proportionally adjusted. Post-consolidation, BriaCell will continue trading under BCT (TSX) and BCTX (Nasdaq). Registered shareholders will receive transmittal letters with exchange instructions. The reverse split aims to increase the share price and maintain access to capital markets.