Black Titan Seeks 11:1 Reverse Split to Regain Nasdaq Compliance
BTTC sits 26% above its 52-week low of $0.342.
Summary
Black Titan Corp is seeking shareholder approval for an 11:1 reverse stock split to regain Nasdaq's $1.00 minimum bid price compliance, alongside a proposal to restore authorized shares to 1 billion.
Key Events · Corporate Governance and Compliance · BTTC
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11:1 Reverse Split Proposed
Shareholders will vote on November 16, 2026 on an 11:1 consolidation of ordinary shares, reducing the 14,996,962 outstanding shares to approximately 1,363,360 shares.
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Nasdaq Compliance Driver
The reverse split is a direct response to the Nasdaq non-compliance notice received September 4, 2026 for the sub-$1.00 share price; at $0.43 today, the split would lift the price to roughly $4.73.
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Authorized Share Restoration
Following the split, authorized ordinary shares would be restored from 90,909,090.9091 to 1,000,000,000, preserving flexibility for future financings but creating substantial dilution risk.
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Board and Auditor Ratification
Five directors are up for election and Guangdong Prouden CPAs GP is proposed for ratification as independent auditor for fiscal 2026.
Analysis · BTTC · Technology
To address the Nasdaq non-compliance notice received on September 4, 2026 for trading below $1.00, Black Titan is asking shareholders to approve an 11:1 reverse stock split. With the stock currently at $0.43, the consolidation would mechanically lift the price to roughly $4.73 per share if approved and executed. The filing also seeks to restore authorized shares to 1 billion after the split, preserving the company's ability to raise capital but creating significant future dilution risk for existing holders. The vote is scheduled for November 16, 2026.
How filings like this one have moved
In the 30 days to Oct 13, 2026, 36.5% of the 995 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BTTC was trading at $0.43 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.7M. The 52-week trading range was $0.34 to $10.05. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.