sur Sadot Group Inc.
Sadot Group Implements Reverse Stock Split
Sadot Group Inc. (NASDAQ:SDOT) announced a 1-for-10 reverse stock split of its common stock, effective September 15, 2025. The stock will continue to trade on NASDAQ under the symbol "SDOT" with a new CUSIP number 627333404. The company's Board of Directors approved the split, aiming to meet NASDAQ's $1.00 minimum share price requirement.
This move converts every ten shares into one, reducing issued shares from approximately 9.9 million to 1 million, and authorized shares from 20 million to 2 million. The Nevada-based corporation didn't require shareholder approval due to proportional adjustments. No fractional shares will be issued; stockholders eligible for fractions will receive cash payments.
Computershare, Inc. will manage stockholder adjustments, with accounts automatically updated. Stakeholders are advised to contact their brokers for further details. This decision uniformly affects all stockholders without altering their equity percentage.
R. H.
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