Freight Technologies announces 1-for-10 reverse share split
FRGT•Freight Technologies will implement a 1-for-10 reverse split, with adjusted trading beginning October 19, 2026. Outstanding ordinary shares will fall from 16,814,200 to 1,681,420 as the company seeks to meet Nasdaq’s $1 minimum bid price requirement.
1. Reverse split details
Freight Technologies will implement a 1-for-10 reverse split of its ordinary shares, with split-adjusted trading beginning October 19, 2026. Outstanding shares will fall from 16,814,200 to 1,681,420. The consolidation aims to meet Nasdaq’s $1 minimum bid price requirement for continued listing; shares will continue trading on the Nasdaq Capital Market under ticker FRGT.
