David Bailey’s Bitcoin Firm Nakamoto Fights Nasdaq Delisting with Reverse Split

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Nakamoto is seeking shareholder approval for a reverse stock split between 1-for-20 and 1-for-50 to lift its share price above Nasdaq’s $1 minimum. The company has traded below that threshold since October 30 and has until June 8, 2026 to regain compliance by staying above $1 for 10 straight trading days.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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