Expion360 enacts 1-for-12 reverse stock split, cuts authorized common shares to 16,666,666 - XPON News | RalliesExpion360 enacts 1-for-12 reverse stock split, cuts authorized common shares to 16,666,666
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XPON• Reverse split and share authorization change
- Expion360 set a 1-for-12 reverse stock split, effective 12:01 a.m. ET July 21, 2026.
- Authorized common shares were cut proportionately to 16,666,666 from 200,000,000.
- Nasdaq trading will switch to a split-adjusted basis at the July 21, 2026 market open under XPON.
- No fractional shares will be issued; any fractional entitlements will be rounded up to the next whole share.
- New post-split common stock CUSIP: 30218B308.
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