tiprankstipranks
Advertisement
Advertisement

BIO-key announces 1-for-10 reverse stock split

BIO-key (BKYI) announced that it has approved a 1-for-10 reverse stock split that will become effective with the commencement of trading on April 30. “The Board’s decision to set the ratio at 1-for-10 was intended to position our common stock for minimum bid price compliance as we execute on our growth goals, including profitability in the first half of 2026,” said Michael DePasquale, BIO-key CEO.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1