Femasys Inc. Completes 1-for-20 Reverse Stock Split to Maintain Nasdaq Listing
FEMY is trading near its 52-week low of $0.285 (8.6% above the low) on elevated volume (2.4× avg).
Summary
Femasys Inc. announced the effectiveness of its 1-for-20 reverse stock split, a move aimed at maintaining compliance with Nasdaq listing requirements.
Key Events · Corporate Governance and Compliance · FEMY
-
Reverse Stock Split Effective
A 1-for-20 reverse stock split of the company's common stock became effective on June 5, 2026, combining every 20 shares into one.
-
Nasdaq Compliance
This action is intended to increase the per-share price to meet Nasdaq's minimum bid price requirement, addressing the risk of delisting previously highlighted in the company's 10-K filing.
-
Shareholder Authorization
The reverse stock split was authorized by the company's stockholders at a special meeting on April 29, 2026.
-
Split-Adjusted Trading
The company's common stock will begin trading on The Nasdaq Capital Market on a split-adjusted basis when the market opens on June 8, 2026.
Analysis · FEMY · Industrial Applications And Services
Femasys Inc. has completed its 1-for-20 reverse stock split, which became effective on June 5, 2026. This action, previously authorized by shareholders, is a critical step for the company to boost its share price and meet Nasdaq's minimum bid requirement, thereby addressing the previously disclosed risk of delisting and concerns about its ability to continue as a going concern. While reverse splits are often viewed negatively, this move is necessary for the company to maintain its public listing and continue operations.
At the time of this filing, FEMY was trading at $0.31 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $18.5M. The 52-week trading range was $0.29 to $1.11. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.