NAYA Announces a 1:12 Reverse Stock Split Effective Pre-Market Opening on March 18, 2025
1. NAYA to implement a 1-for-12 reverse stock split on March 18, 2025. 2. This split aims to comply with Nasdaq's minimum $1.00 share price requirement. 3. Post-split, approximately 666,057 shares will be outstanding, potentially improving stock value. 4. NAYA’s drug portfolio includes promising treatments for cancers and autoimmune diseases. 5. Regaining Nasdaq compliance remains uncertain despite the reverse split.