iTonic Holdings announces 16-for-1 share consolidation effective Oct. 6
ITOC•iTonic Holdings will consolidate its shares 16-for-1 effective Oct. 6, 2026, reducing its Class A shares outstanding to about 6.84 million and Class B shares to about 479,250 as it seeks to meet Nasdaq’s $1.00 minimum bid rule.
1. Consolidation details
iTonic Holdings will execute a 16-for-1 share consolidation at 12:01 a.m. ET on Oct. 6, 2026. Nasdaq trading is expected to begin on a post-consolidation basis that day under the symbol ITOC. Class A shares outstanding are expected to fall from 109,382,000 to about 6,836,375, and Class B shares from 7,668,000 to about 479,250. The move targets compliance with Nasdaq’s $1.00 minimum bid rule, with an Oct. 19, 2026 deadline.
