CXApp to execute 1-for-50 reverse stock split Aug. 18 to lift share price - CXAI News | RalliesCXApp to execute 1-for-50 reverse stock split Aug. 18 to lift share price
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CXAI• Reverse stock split details
- CXApp will execute a 1-for-50 reverse stock split, effective 12:01 a.m. ET on Aug. 18, 2026.
- Shares are set to trade split-adjusted on Nasdaq at the open on Aug. 18 under CXAI.
- The move targets a higher share price, supporting efforts to regain Nasdaq’s minimum bid-price compliance.
- Share count is expected to fall to about 2,337,407 from about 116,870,315, subject to rounding of fractional shares.
- Public warrants: exercise price rises to $575 from $11.5; each warrant becomes exercisable for 1/50 of a share.
