Baiya International Group Announces 1-for-10 Reverse Split to Avoid Nasdaq Delisting
BIYA is trading near its 52-week low of $0.275 (13% above the low) on light trading volume (0.1× avg).
Summary
Baiya International Group announced a 1-for-10 reverse stock split, effective July 10, 2026, to meet Nasdaq's minimum $1.00 bid price requirement. This follows a series of negative events for the micro-cap company, including a $9.5 million net loss in FY2025, recent CEO and COO resignations, and the sale of two subsidiaries for $3 million. This is the second reverse split in less than two years, highlighting persistent financial and operational challenges and a struggle to maintain its public listing.
At the time of this announcement, BIYA was trading at $0.31 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.4M. The 52-week trading range was $0.28 to $24.70. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.