Rubico Announces 1-for-25 Reverse Stock Split Effective Oct. 30
Bitget2026/10/28 13:05- Rubico will implement a 1-for-25 reverse stock split at the opening of trading on Oct. 30, 2026.
- Outstanding common shares will fall from 13,517,355 to approximately 540,694, subject to adjustments for fractional shares.
- The split aims to raise the share price to maintain compliance with Nasdaq’s continued listing requirements.
- Fractional shares will be paid in cash based on Nasdaq’s Oct. 29, 2026, closing share price.
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