NetClass Technology enacts 50-for-1 reverse stock split on Nasdaq
NTCL•Reverse split and Nasdaq compliance
- NetClass Technology set a 50-for-1 reverse stock split, effective July 6, 2026, on the Nasdaq Capital Market.
- The move followed a Nasdaq notice citing the stock’s closing bid below USD 1 for 30 straight business days, triggering a July 27, 2026 deadline.
- Nasdaq confirmed July 21, 2026 compliance was regained, citing 10 consecutive sessions with a closing bid at USD 1 or higher.
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