ENvue Medical Sets 1-for-12 Reverse Split Effective September 1
FEED sits 21% above its 52-week low of $0.29 on light trading volume (0.3× avg).
Summary
ENvue Medical finalized a 1-for-12 reverse stock split effective September 1, 2026, reducing outstanding shares to approximately 923,718. The move follows a Nasdaq delisting notice and is part of the company's effort to regain compliance.
Key Events · Corporate Governance and Compliance · FEED
-
1-for-12 Reverse Split Finalized
Board set the reverse split ratio at 1-for-12, effective September 1, 2026, reducing outstanding shares from 11,084,616 to approximately 923,718.
-
Nasdaq Compliance Effort
The reverse split follows a July 10, 2026 Nasdaq delisting notice for trading below $1 for 30 consecutive days; the split is designed to raise the per-share price above the minimum bid requirement.
-
New CUSIP and Trading Details
Shares will continue trading under symbol FEED but with new CUSIP 63008J 876 beginning September 1, 2026.
-
No Change to Authorized Shares
Authorized common stock remains 40,000,000 shares; the split only reduces outstanding shares, leaving significant headroom for future issuance.
Analysis · FEED · Industrial Applications And Services
The board finalized the reverse split at a 1-for-12 ratio, reducing outstanding shares from 11.08M to approximately 923,718. This is the expected follow-through to the August 14 stockholder approval, but the specific ratio and effective date are new material facts. The split is aimed at regaining Nasdaq compliance after the July 10 delisting notice, and it comes amid a going-concern warning with only $1.084M in cash. The reverse split itself does not change ownership percentages or authorized shares, but it will mechanically raise the per-share price, which is critical for the company's listing survival.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1963 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.14%. 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, FEED was trading at $0.35 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $3.9M. The 52-week trading range was $0.29 to $17.40. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.