NewsSOS
A one-for-fifteen reverse stock split cut Glucotrack, Inc.'s shares outstanding from 11,972,157 to approximately 798,144, the company disclosed in an 8-K filed with the SEC. The split became effective at 4:30 p.m.
Common stock on the Nasdaq, ticker GCTK, will begin trading on a split-adjusted basis at market open on August 31. Stockholders approved the split at Glucotrack's 2026 annual meeting on August 18, the filing shows.
Under the terms, every 15 issued and outstanding shares of common stock were automatically combined into one. Par value per share remained at $0.001.
No fractional shares were issued; holders entitled to fractions received an additional fraction to round up to the next whole share, according to the 8-K. The total number of authorized shares remains 250,000,000.
Keep reading