Dot Ai to Execute 1-for-25 Reverse Split, Cutting Shares to 1.21M
DAIC•Dot Ai will implement a one-for-twenty-five reverse stock split effective at 4:01 PM ET on May 29, 2026, reducing its outstanding shares from about 30.26 million to roughly 1.21 million. Shares will begin trading on a split-adjusted basis on Nasdaq from June 1, 2026, with fractional shares settled in cash.
1. Reverse Stock Split Execution
Dot Ai's board will implement a one-for-twenty-five reverse stock split effective at 4:01 PM ET on May 29, 2026. Trading of the company’s common stock will resume on a split-adjusted basis on Nasdaq when markets open June 1, 2026, continuing under the same trading symbol with a new CUSIP.
2. Share Count Reduction and Fractional Treatment
Every twenty-five issued and outstanding shares will combine into one share, reducing the outstanding share count from approximately 30.26 million to about 1.21 million. Stockholders will not receive fractional shares; instead, they will be paid cash for any fractional interest resulting from the split.
3. Shareholder Approval and Ownership Impact
The reverse split was authorized at the annual stockholder meeting on May 12, 2026, granting the board authority to choose a split ratio between one-for-ten and one-for-twenty-five. The split does not alter any holder’s ownership percentage, aside from adjustments for fractional share cash-outs.
