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Azitra Sets 1-for-10 Reverse Stock Split Effective October 26

BearishMedium impact
AZTR$0.0715 −39.20%

Azitra, Inc. (AZTR) will execute a 1-for-10 reverse stock split effective at 12:01 a.m. Eastern Time on Oct. 26, 2026. Shares will begin trading on a split-adjusted basis on that day under the existing ticker symbol AZTR. The corporate action will reduce the company's total issued shares from 60,603,742 to approximately 6,060,374, shrinking the overall float by about 90%.

The consolidation increases the per-share market price while proportionally reducing the number of shares outstanding. No fractional shares will be issued, with investors receiving cash payments instead for any fractional holdings. This late-stage administrative move is intended to help the company maintain its listing compliance on the NYSE American stock exchange following sustained downward pressure on its share price, which fell 39.20% to $0.0715 in recent trading.

Following the implementation of the reverse split, investors will watch for official confirmation that the company has regained exchange compliance. Key operational drivers going forward include upcoming clinical trial data and corporate financing updates.

Key points

  • Azitra, Inc. will implement a 1-for-10 reverse stock split effective Oct. 26, 2026, at 12:01 a.m. ET.
  • Total issued shares will decrease from 60,603,742 to approximately 6,060,374.
  • Shares will begin trading on a split-adjusted basis on Oct. 26, 2026, keeping the AZTR ticker symbol.
  • Stockholders will receive cash in lieu of any fractional shares resulting from the split.
  • The action is aimed at helping the company maintain listing compliance on the NYSE American exchange.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

When does the Azitra reverse stock split take effect?

The 1-for-10 reverse stock split becomes effective at 12:01 a.m. ET on Oct. 26, 2026, with split-adjusted trading starting the same day.

How will the reverse split affect Azitra's share count?

The total number of issued shares will drop from 60,603,742 to approximately 6,060,374, reducing the share count by about 90%.

Will Azitra change its stock ticker symbol after the split?

No, the company's shares will continue to trade under the symbol AZTR.