Mobile-health Network Solutions Postpones 1-for-6 Reverse Split to June 29
MNDR•Mobile-health Network Solutions will implement a one-for-six reverse stock split on June 29, 2026, reducing share count from about 5.33 million to approximately 888,592. Authorized shares will drop from 150.92 million to 25.15 million, and par value will rise from $0.00016 to $0.00096.
1. Reverse Split Date Change
The company announced the one-for-six reverse stock split will become effective at 12:01 a.m. Eastern Time on June 29, 2026, moving the date from the prior June 22 schedule after shareholder approval on June 8.
2. Adjusted Share and Authorization Details
The reverse split reduces issued and outstanding shares from approximately 5.33 million to about 888,592, lowers authorized shares from 150.92 million to 25.15 million, and raises the par value per share from $0.00016 to $0.00096.
3. Shareholder Procedures
VStock Transfer will issue post-split shares in book-entry form and notify record holders; certificated shareholders will receive a transmittal letter, and brokers and nominees will automatically adjust positions without any shareholder action.
