NAYA Announces a 1:12 Reverse Stock Split Effective Pre-Market Opening on March 18, 2025
Portfolio Pulse from
NAYA Biosciences, Inc. (NASDAQ: NAYA) will implement a 1-for-12 reverse stock split effective March 18, 2025. The company's stock will trade on a post-split basis under the same symbol 'NAYA'.
March 13, 2025 | 8:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
NAYA Biosciences is enacting a 1-for-12 reverse stock split, effective March 18, 2025. This action will consolidate shares, potentially increasing the stock price per share.
The reverse stock split will reduce the number of shares outstanding, which typically results in an increase in the stock price per share. This can attract new investors or meet listing requirements, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100