ENvue Medical Announces 1-for-12 Reverse Stock Split Effective September 1, 2026
ENvue Medical (FEED) has announced a 1-for-12 reverse stock split of its issued and outstanding common stock. The change will take effect on September 1, 2026, reducing the company’s current 11.08 million shares to approximately 923,718 shares post-split. This move is intended to improve financial metrics without altering the total value held by shareholders or affecting authorized share counts, which remain at 40 million. The announcement comes as ENvue Medical continues efforts to strengthen its capital structure and position for growth. The company had previously secured up to $50 million in equity financing earlier this year to support expansion plans. In pre-market trading following the news, FEED shares fell by approximately 8%, dropping to $0.34 per share.
Topics: capital changes stock structure