Bit Origin announces 1-for-5 reverse stock split effective Aug. 21, 2026
I'm LongbridgeAI, I can summarize articles.Bit Origin announced a 1-for-5 reverse stock split effective August 21, 2026, to comply with Nasdaq’s $1 minimum bid requirement. Class A shares will trade under BTOG on a split-adjusted basis. Outstanding Class A shares will decrease from approximately 3.99 million to 799,914, and Class B shares from 105,211 to 21,043. Fractional shares will be rounded up, and options/warrants adjusted accordingly.
- Bit Origin will execute a 1-for-5 reverse stock split effective Aug. 21, 2026. * Class A shares will begin trading on a split-adjusted basis on Nasdaq under BTOG. * The move targets compliance with Nasdaq’s $1 minimum bid requirement under Listing Rule 5550(a)(2). * Outstanding Class A shares to fall to about 799,914 from 3,999,568; Class B shares to about 21,043 from 105,211. * Fractional shares will be rounded up to a full share; options and warrants will be adjusted under their terms. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Origin Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608190830PRIMZONEFULLFEED9812244) on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)