MySize approves 1-for-8 reverse split to regain Nasdaq compliance and liquidity
Aug 10, 2026, 4:03 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Reverse splits on micro-caps often lift price and liquidity by meeting listing criteria and attracting institutions; the primary risk is that fundamentals don't improve and the move is viewed as a cosmetic fix.
AI summary
What happened, with direct paths to the underlying reporting
MySize announced a board-approved 1-for-8 reverse stock split, effective after the Aug 12, 2026 close, with split-adjusted trading starting Aug 13 under CUSIP 62844N505. Shares will shrink to about 600k from 4.8 million, with fractional-share cash payments. The move is designed to restore Nasdaq compliance and broaden institutional investor interest, potentially improving liquidity and sentiment in the near term.
Board approves 1-for-8 reverse split; effective after Aug 12, 2026.
Outstanding shares drop to ~600k from ~4.8M; new CUSIP 62844N505.
Fractional shares paid in cash; affects book-entry and physical certs handling.
Aims to regain Nasdaq listing and attract institutional investors to improve liquidity.
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