Glucotrack Finalizes 1-for-15 Reverse Split Effective August 28
GCTK is trading near its 52-week low of $0.25 (12% above the low) on light trading volume (0.2× avg).
Summary
Glucotrack completed a 1-for-15 reverse stock split effective August 28, cutting outstanding shares to about 798,000. Trading on a split-adjusted basis begins August 31.
Key Events · Corporate Governance and Compliance · GCTK
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Reverse Split Executed
A 1-for-15 reverse stock split became effective at 4:30 p.m. ET on August 28, 2026, reducing outstanding shares from 11,972,157 to approximately 798,144.
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Trading Resumes August 31
Common stock will begin trading on a split-adjusted basis at market open on August 31, 2026, under the same ticker GCTK with new CUSIP 45824Q887.
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Nasdaq Compliance Effort
The split is part of Glucotrack's effort to regain Nasdaq listing compliance after a delisting warning, as previously disclosed in proxy filings.
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Financial Distress Context
The split follows the August 14 10-Q that disclosed a cash crisis, going-concern doubt, and material weaknesses, underscoring the company's precarious position.
Analysis · GCTK · Industrial Applications And Services
Glucotrack executed a 1-for-15 reverse stock split, reducing outstanding shares from roughly 11.97 million to about 798,000. The split was approved by stockholders on August 18 and became effective at 4:30 p.m. ET on August 28, with trading on a split-adjusted basis starting August 31. This is the final step in the company's effort to regain Nasdaq compliance after a delisting warning, and it comes amid a cash crisis and going-concern doubt disclosed in the August 14 10-Q. The split itself does not change the company's market value or authorized share count, but it resets the share price higher and reduces the float, which can increase volatility.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. 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, GCTK was trading at $0.28 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $3M. The 52-week trading range was $0.25 to $14.14. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.