American Bitcoin Executes 1-to-15 Reverse Split to Meet Nasdaq Bid Price
2026-07-01 21:21

Woofun AI reports that American Bitcoin will execute a 1-to-15 reverse stock split at 17:00 on July 2, 2026. Class A common shares are scheduled to resume trading on Nasdaq under the ticker ABTC starting July 6, 2026, reflecting the adjusted share count. The transaction reduces total issued shares from 1,092,295,800 to approximately 73 million, comprising roughly 24 million Class A and 49 million Class B shares. This measure aims to elevate the per-share trading price to comply with Nasdaq’s minimum bid listing standards. The plan received shareholder approval during the meeting held on June 22, 2026.

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