RenX to execute 1-for-20 reverse stock split on March 26, 2026

Reuters

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RenX to execute 1-for-20 reverse stock split on March 26, 2026

RenX said it will implement a 1-for-20 reverse stock split effective March 26, 2026.
Trading is expected to begin on a split-adjusted basis when Nasdaq opens on March 26, 2026.
The action is expected to reduce outstanding common shares to about 2.5 million from about 50.0 million.
RenX said the reverse split is intended to address Nasdaq’s $1.00 minimum bid price requirement.
Fractional shares are expected to be settled in cash based on the average closing price over the 10 days before the effective time.

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. Renx Enterprises Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603240830PRIMZONEFULLFEED9677470) on March 24, 2026, and is solely responsible for the information contained therein.

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