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Nakamoto completes 1-for-40 reverse stock split to meet NASDAQ listing requirements
Nakamoto Inc. completes a 1-for-40 reverse stock split to meet Nasdaq's $1 minimum bid price, consolidating 696M shares into 17.4M after a 99% decline.
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cryptobriefing.com
Nakamoto Inc. implements 1-for-40 reverse stock split on May 22
Nakamoto Inc. executes a 1-for-40 reverse stock split on May 22 to meet Nasdaq's $1 minimum bid price after shares dropped to $0.22.
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theblock.co
David Bailey's Nakamoto bitcoin treasury announces 1-for-40 reverse split as shares hit new lows
Nakamoto’s reverse split will shrink outstanding shares to about 17.4 million from roughly 696 million, following a 99.5% price drop.
