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BIO-key to implement 1-for-10 reverse stock split on April 30

PUBT·04/28/2026 11:59:15
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BIO-key to implement 1-for-10 reverse stock split on April 30
  • BIO-key set a 1-for-10 reverse stock split, effective at start of trading April 30, 2026.
  • Move targets Nasdaq minimum bid price compliance.
  • Shares outstanding expected to fall to about 1,100,000 from about 10,900,000 as of April 28, 2026.
  • CEO Michael DePasquale cited goal of positioning stock for compliance while pursuing profitability in first half of fiscal 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BIO-key International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604280759PRIMZONEFULLFEED9708151) on April 28, 2026, and is solely responsible for the information contained therein.