ZOOZ Strategy will consolidate shares at a 1-for-20 ratio effective June 1, 2026, reducing outstanding share count.
ZOOZ Strategy announced a 1-for-20 reverse share split of its ordinary shares, set to take effect before market open on June 1, 2026. The move will consolidate every 20 existing shares into one new share, reducing the total number of outstanding shares.
The company’s shares currently trade at a par value of NIS 0.00286 per share. Reverse splits are often used to boost share prices and meet exchange listing requirements or investor expectations.
No immediate market reaction was disclosed in the announcement.