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Non-Invasive Monitoring Systems, Inc. filed Articles of Amendment to effect a reverse stock split at a ratio of…
NIMUNon Invasive Monitoring Systems Inc
Non-Invasive Monitoring Systems, Inc. filed Articles of Amendment to effect a reverse stock split at a ratio of 1-for-150. The Board authorized the split on July 13, 2026, and it became effective in the market on July 30, 2026. Prior to the split, there were 154,810,655 shares outstanding; post-split, this reduced to 1,032,640 shares. Fractional shares were rounded up to the nearest whole share. The par value remains $0.01 per share and authorized shares remain at 400,000,000. Conversion prices for outstanding convertible securities will be ratably adjusted. Non-Invasive Monitoring Systems operates in the medical technology industry, developing non-invasive monitoring systems.