Nexera Technologies Ltd is seeking shareholder approval at its December 10, 2026 meeting for one or more reverse stock splits with an aggregate ratio ranging from 1-for-2 to 1-for-250. The board intends to use this authority within 18 months to consolidate shares and raise the share price above Nasdaq's $1.00 minimum bid price requirement, citing a recent closing price of $0.2472. Additionally, shareholders are asked to approve an amended compensation policy for executives and directors, specific pay amendments for CEO Eliyahu Zamir including new equity grants, and one-time compensatory equity awards for the board of directors to offset value declines from prior splits. The company also seeks re-election of three Class I directors and ratification of its independent auditor. Nexera Technologies Ltd operates in the technology sector.
