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IP Strategy Announces 1-For-20 Reverse Stock Split, Effective April 23

Benzinga·04/21/2026 14:13:26
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IP Strategy Holdings, Inc. (NASDAQ:IPST) ("IP Strategy" or the "Company"), the first company to adopt a treasury reserve policy centered on the $IP token, today announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company's common stock. The reverse stock split is expected to become effective at 12:01 a.m. on April 23, 2026, and the Company's common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis when the market opens on April 23, 2026 under its existing ticker symbol, "IPST."