Nexentis Technologies Sets 1-for-5 Reverse Stock Split, Trading From Nov. 9

Nexentis Technologies (Nasdaq: NXTS) has set a 1-for-5 reverse stock split that became effective at 4:15 p.m. Eastern Time on Nov. 6, 2026, according to an 8-K filed that day. The company's common stock will begin trading on a split-adjusted basis at market open on Nov. 9.

Every five shares of common stock automatically converted into one share. Par value remains $0.0001 per share. The ticker stays NXTS, but the CUSIP changes to 80512Q709. Exercise prices and the number of shares issuable under outstanding options and warrants will be adjusted proportionally.

Fractional shares

No fractional shares will be issued. Any fraction that would otherwise result is rounded up to the next whole share.

Why the company is doing it

The company said the split is meant to increase the per share price and bid price of its common stock so it can regain compliance with Nasdaq continued listing requirements. It also said the move is intended to make the stock more attractive to certain institutional investors. Stockholders approved the authority at a special meeting on April 30, 2026.

Outstanding shares will fall from about 2.9 million to about 600 thousand. The number of authorized common shares remains 495,000,000.

Registered holders in book-entry form, or those who hold shares through a bank, broker or other nominee, do not need to take any action. Holders of physical certificates will receive instructions from transfer agent Securities Transfer Corporation.