Nukkleus Announces 1-for-8 Reverse Stock Split

Nukkleus ( (NUKK) ) has provided an update.

Nukkleus, Inc. has announced a 1-for-8 reverse stock split, effective October 24, 2024, to comply with Nasdaq’s $1 minimum bid price requirement. This move will reduce the number of common stock shares and aims to boost the share price, maintaining the company’s listing on the Nasdaq Global Market. Shareholders will see their shares automatically adjusted without altering ownership proportions, and the company will continue trading under the symbol ‘NUKK’.

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