BrenX Ltd. has filed proxy materials for a special general meeting scheduled for November 6, 2026, where shareholders will vote on a proposal to approve a framework for a future reverse share split. The board recommends approval of a potential adjustment at a ratio between 3:1 and 6:1, granting the board discretion to determine the exact ratio and effective date based on market conditions and Nasdaq compliance requirements. This action aims to address the minimum bid price rule, though no specific split has been finalized or dated yet. BrenX Ltd. operates in the technology sector.
