Cardio Diagnostics Announces 1-for-30 Reverse Stock Split to Regain Nasdaq Compliance

Reuters

05-13

Cardio Diagnostics Announces 1-for-30 Reverse Stock Split to Regain Nasdaq Compliance

Cardio Diagnostics Holdings Inc. $(CDIO)$ announced a 1-for-30 reverse stock split of its common stock, effective May 13, 2025. This move aims to regain compliance with Nasdaq's minimum bid price requirement. As a result, the number of outstanding shares will decrease from approximately 52 million to 1.7 million, while the ticker symbol "CDIO" remains unchanged.

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. Cardio Diagnostics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-000781), on May 13, 2025, and is solely responsible for the information contained therein.

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This move aims to regain compliance with Nasdaq's minimum bid price requirement. As a result, the number of outstanding shares will decrease from approximately 52 million to 1.7 million, while the ticker symbol \"CDIO\" remains unchanged.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Cardio Diagnostics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-000781), on May 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250513:nNDL8YXCX4:1","article_id":"2535963727","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535963727","pubTimestamp":1747137683,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cardio Diagnostics Holdings Inc.  announced a 1-for-30 reverse stock split of its common stock, effective May 13, 2025. 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