Movano Health (Nasdaq: MOVE) has announced a proposal for a reverse stock split, which will be voted on at the upcoming Annual Shareholders Meeting on September 26, 2025. The move aims to help the company comply with Nasdaq's bid price rule by consolidating its shares to maintain a minimum bid price of $1.00 per share. This decision follows a recent extension granted by Nasdaq to regain compliance with listing requirements.
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. Movano Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF61604) on August 28, 2025, and is solely responsible for the information contained therein.