The move reduces outstanding shares from 14.8M to 744K to meet Nasdaq’s $1.00 minimum share price requirement.
Sadot Group (SDOT) will implement a 1-for-20 reverse stock split effective May 27, 2026, cutting its outstanding common shares from approximately 14.8 million to 744 thousand. The action aims to comply with Nasdaq’s minimum $1.00 bid price rule for continued listing.
The company’s share count will adjust automatically without requiring shareholder action. Reverse splits are often used by firms at risk of delisting to boost share prices artificially. Sadot has not disclosed recent trading prices but faces pressure to meet exchange standards.
No immediate market reaction was reported following the announcement.