SRX Global completes 1-for-60 reverse stock split, leaving 19,517,834 shares outstanding
I'm LongbridgeAI, I can summarize articles.SRX Global completed a 1-for-60 reverse stock split effective July 6, 2026, resulting in 19,517,834 shares outstanding. As of June 30, 2026, the company reported preliminary net assets of approximately $60 million ($3.07 per share), cash of about $40 million, short-term investments exceeding $15 million, and no outstanding debt.
- SRX Global executed a 1-for-60 reverse stock split, effective July 6, 2026. * Shares outstanding totaled 19,517,834 on a post-split basis as of July 6, 2026. * Preliminary net asset value was about $60 million, or $3.07 per share, as of June 30, 2026. * Cash was about $40 million; short-term investments exceeded $15 million as of June 30, 2026. * No debt was outstanding as of June 30, 2026. 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. SRX Global Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607081346PRIMZONEFULLFEED9759155) on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)