Next Technology Holding Inc. announced a reverse stock split at a ratio of 200-for-1.
The reverse stock split will reduce the number of outstanding shares significantly.
The common stock will continue to trade on Nasdaq under the symbol NXTT.
Reverse Stock Split Implementation
Company will effect a 200-for-1 reverse stock split on September 16, 2025.
Share Reduction
Outstanding shares to decrease from 566,265,135 to approximately 2,831,326 post-split.
No Fractional Shares
Fractional shares will be rounded up; no fractional shares will be issued.
- The reverse stock split aims to streamline the company's share structure and increase per-share value.
- Shareholders do not need to take action; the split will automatically adjust in brokerage accounts.
Next Technology Holding Inc.'s reverse stock split signals intent to enhance shareholder value and optimize capital structure.