Nakamoto Announces 1-for-40 Reverse Stock Split Ahead of Nasdaq Compliance Deadline

Bitcoin treasury company Nakamoto Inc. (NASDAQ: NAKA) announced a 1-for-40 reverse stock split to comply with Nasdaq's $1 minimum bid price requirement, as it approaches the June 8 compliance deadline. The move aims to increase the share price and avoid delisting.

By Blockspace Staff Wed, May 20, 2026 at 4:55 PM GMT+3 1 min read · Yahoo Finance · May 20, 2026, 13:55 UTC

Tickers: $NAKA

Topics: Nasdaq compliance reverse stock split share price requirements

Read the full article at Yahoo Finance

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