NanoVibronix (NAOV) Announces Reverse Stock Split

Apr 08, 2025

Key Announcement: NanoVibronix, Inc. (NAOV, Financial) implements a 1-for-11 reverse stock split.
Effective Date: Stock split effective on March 13, 2025, reflecting in trading on March 14.
Strategic Objective: Aims to restructure equity while preserving stockholder interests.

Upcoming Reverse Stock Split by NanoVibronix

In a significant financial maneuver, NanoVibronix, Inc. (NAOV) has announced a forthcoming 1-for-11 reverse stock split. Scheduled to take effect on March 13, 2025, this strategic decision is poised to influence trading prices beginning March 14. The reverse stock split is primarily designed to recalibrate the company's equity structure.

Impact on Stockholders

This reverse stock split is structured to maintain the proportional interest of existing stockholders in NanoVibronix. While the split adjusts the number of outstanding shares, the proportional ownership in the company remains unchanged. This initiative is part of the company's broader strategy to enhance its market position and optimize share valuation.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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