Sadot Group Inc. $(SDOT)$ has announced a 1-for-10 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Daylight Time on September 15, 2025. The move is intended to meet NASDAQ's minimum $1.00 per share listing requirement. Following the split, Sadot's shares will continue to trade under the symbol "SDOT" with a new CUSIP number 627333404. The number of issued and outstanding shares will be reduced from approximately 9.9 million to 1.0 million, with authorized shares also decreased proportionally. This change will affect all shareholders uniformly without altering their percentage ownership in the company.
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. Sadot Group Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1071519) on September 11, 2025, and is solely responsible for the information contained therein.