Picard Medical to execute 1-for-50 reverse stock split on July 31
PMI•Reverse stock split details
- Picard Medical will execute a 1-for-50 reverse stock split to support compliance with NYSE American listing standards.
- The split takes effect at 5 p.m. ET on July 31, 2026; shares begin trading on a split-adjusted basis on Aug. 3 under PMI.
- Every 50 common shares will convert into 1 share; fractional shares will be rounded up to the nearest whole share.
- Outstanding equity awards, warrants and other convertible securities will be adjusted proportionately under their terms.
- The stock will receive a new CUSIP: 71953R 207.
