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TH International Limited (NASDAQ: THCH) • Ratio: 1-for-5 • Purpose: To address Nasdaq’s minimum bid price requirement for continued listing.
GraniteShares 2x Short TSLA Daily ETF (NASDAQ: TSDD) • Ratio: 1-for-20 • Additional Note: CUSIP number updated to 38747R595.
Evaxion Biotech A/S (NASDAQ: EVAX) • Ratio: 1-for-5 • Purpose: Regaining compliance with Nasdaq’s minimum bid price requirement.
SMX (Security Matters) Public Limited Company (NASDAQ: SMX) • Ratio: Not specified • Purpose: Regaining Nasdaq compliance for minimum bid price.
SRIVARU Holding Limited (NASDAQ: SVMH) • Ratio: 1-for-50 (Effective January 15, 2025) • Purpose: Same as others—meeting Nasdaq’s bid price compliance.
💡 What is a Reverse Stock Split? For those unfamiliar, a reverse stock split consolidates shares at a predetermined ratio (e.g., 1-for-5 means every 5 shares become 1). It doesn’t affect your overall investment value but is often used to meet stock exchange listing requirements.
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