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(NASDAQ: SCNX) will execute a 1-for-25 reverse stock split of its common shares, a move expected to take effect before markets open on Monday, October 5, 2026.
The company stated that this action is intended to help it maintain compliance with Nasdaq's minimum bid price requirement and to make additional shares available for future issuance.
As of September 30, 2026, Scienture has 41,064,146 shares of common stock issued and outstanding. Following the reverse split, the company expects this number to decrease to approximately 1,642,565 shares.
The new CUSIP number for the common stock will be 80880X203. The par value per share and the total number of authorized shares will remain unchanged by the transaction.
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