Accuray announces 1-for-40 reverse stock split effective November 9
ARAY•Accuray will implement a 1-for-40 reverse stock split effective November 9, 2026, with split-adjusted trading expected to begin that day under the symbol ARAY. The split aims to raise the per-share trading price to regain compliance with Nasdaq’s minimum bid price requirement; outstanding shares will fall from about 120.2 million to 3 million, and authorized shares from 400 million to 10 million.
1. Split details
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 that day under the existing symbol ARAY.
2. Share count changes
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. The split aims to raise the per-share trading price to regain compliance with Nasdaq’s minimum bid price requirement.
