Axonex AI sets 2-for-5 reverse stock split for October 22
AXNX•Axonex AI Group will implement a 2-for-5 reverse stock split, with split-adjusted Nasdaq trading beginning October 22, 2026, under symbol AXNX. Outstanding Class A shares will decline from 15,190,742 to approximately 6,076,297 as the company seeks to regain compliance with Nasdaq’s $1.00 minimum bid price requirement.
1. Split details
Axonex AI Group will implement a 2-for-5 reverse stock split covering its Class A and Class B ordinary shares. Class A shares will begin split-adjusted trading on Nasdaq on October 22, 2026, under the unchanged symbol AXNX. Outstanding Class A shares will decline from 15,190,742 to approximately 6,076,297, subject to rounding; fractional shares will be rounded up to the next whole share. The company said the consolidation aims to regain compliance with Nasdaq’s $1.00 minimum bid price requirement for continued listing.
