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Jamie Redman

Nakamoto Inc. approves 1-for-40 reverse stock split effective May 22, 2026

Nakamoto Inc. (Nasdaq: NAKA) said on May 20, 2026 it will carry out a 1-for-40 reverse stock split, effective at 12:01 a.m. ET on May 22, 2026. The company aims to lift its share price above Nasdaq’s $1.00 minimum bid rule, after trading around $0.17–$0.24 in recent months. Shares outstanding are expected to drop from about 696.1 million to roughly 17.4 million, while authorized shares stay at 10 billion.
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