IP Strategy announces 1-for-20 reverse stock split

IP Strategy (IPST) Holdings 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.” The reverse stock split is intended to bring the company into compliance with Nasdaq’s minimum bid price requirement and to improve the marketability and liquidity of IP Strategy’s common stock