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Avax One to execute 1-for-12 reverse stock split June 15

PUBT·06/10/2026 21:15:12
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Avax One to execute 1-for-12 reverse stock split June 15
  • Avax One set a 1-for-12 reverse stock split, consolidating every 12 common shares into 1.
  • Change takes effect at the open on June 15, 2026; fractional shares will be cashed out.
  • Issued shares would fall to 7,694,615 from 92,335,381, based on the June 10, 2026 count.
  • Move targets compliance with Nasdaq’s minimum bid price rule under Listing Rule 5550(a)(2).


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avax One Technology Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606101715PRIMZONEFULLFEED9735202) on June 10, 2026, and is solely responsible for the information contained therein.