Bit Origin announces 1-for-5 reverse stock split effective Aug. 21, 2026 - BTOG News | RalliesBit Origin announces 1-for-5 reverse stock split effective Aug. 21, 2026
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BTOG• Reverse stock split and Nasdaq compliance
- Bit Origin will execute a 1-for-5 reverse stock split effective Aug. 21, 2026.
- Class A shares will begin trading on a split-adjusted basis on Nasdaq under BTOG.
- The move targets compliance with Nasdaq’s $1 minimum bid requirement under Listing Rule 5550(a)(2).
- Outstanding Class A shares are expected to fall to about 799,914 from 3,999,568; Class B shares to about 21,043 from 105,211.
- Fractional shares will be rounded up to a full share; options and warrants will be adjusted under their terms.
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