Accuray Announces 1-for-40 Reverse Stock Split Effective November 9

Bitget2026/11/04 22:20

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Accuray will implement a 1-for-40 reverse stock split effective at 12:02 a.m. Eastern Time on November 9, 2026.
Split-adjusted trading is expected to begin on Nasdaq on November 9, 2026, under the existing symbol ARAY.
The split aims to raise the per-share trading price to regain compliance with Nasdaq’s minimum bid price requirement.
Outstanding common shares will fall from approximately 120,200,000 to 3,000,000, subject to adjustment for fractional shares.
Authorized common shares will decrease proportionately from 400,000,000 to 10,000,000.

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. Accuray Incorporated published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-034951), on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Accuray Announces 1-for-40 Reverse Stock Split Effective November 9

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