Movano Inc. Proposes Reverse Stock Split to Meet Nasdaq Compliance
Reuters
Aug 29
Movano Inc. Proposes Reverse Stock Split to Meet Nasdaq Compliance
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.
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