Actelis Networks, Inc. has approved a one-for-ten reverse stock split of its common stock to increase per share price and meet Nasdaq listing requirements. The split will be effective on November 18, 2025, with every 10 shares converting to one share. Fractional shares will be rounded up, and outstanding shares will decrease to approximately 1.75 million. Stockholders holding physical certificates will receive instructions for exchanging them. More details can be found in the definitive proxy statement filed with the SEC on September 29, 2025. Actelis Networks specializes in hybrid fiber-copper networking solutions for various IoT applications.
Read more at GlobeNewswire: Actelis Networks Announces Reverse Stock Split
