Inspira Technologies Announces Shareholder Meeting to Address Nasdaq Compliance

The latest update is out from Inspira Technologies Oxy BHN ( (IINN) ).

Inspira Technologies Oxy B.H.N. Ltd. has announced an Extraordinary General Meeting of Shareholders scheduled for June 20, 2025, to discuss a proposal for a reverse stock split of its ordinary shares. This move is aimed at addressing the company’s non-compliance with Nasdaq’s minimum bid price requirement, as the company’s shares have been trading below $1.00. The reverse split proposal, which ranges from a 2:1 to 25:1 ratio, is intended to help the company regain compliance and maintain its Nasdaq listing. The board of directors has recommended shareholders vote in favor of the proposal.

Spark’s Take on IINN Stock

According to Spark, TipRanks’ AI Analyst, IINN is a Underperform.

The overall stock score reflects significant financial instability, as indicated by ongoing losses and reliance on external funding. The technical analysis shows bearish sentiment, with the stock under pressure. Valuation is challenging due to negative earnings and lack of dividend yield, making the stock less appealing to investors.

To see Spark’s full report on IINN stock, click here.

More about Inspira Technologies Oxy BHN

Inspira Technologies Oxy B.H.N. Ltd. is a company operating in the medical technology industry, focusing on developing respiratory support technologies. It is based in Ra’anana, Israel, and is publicly traded on the Nasdaq stock exchange under the symbol ‘IINN’.

Average Trading Volume: 462,529

Technical Sentiment Signal: Sell

Current Market Cap: $13.83M

See more insights into IINN stock on TipRanks’ Stock Analysis page.