ICZOOM Sets September 15 Effective Date for 1-for-5 Reverse Split
IZM is trading near its 52-week low of $0.226 (0.2% above the low).
Summary
ICZOOM's board-approved 1-for-5 reverse split takes effect September 15, cutting outstanding shares by 80% to lift the stock price and regain Nasdaq compliance.
Key Events · Corporate Governance and Compliance · IZM
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Reverse Split Effective September 15
1-for-5 share consolidation takes effect September 15, 2026, reducing Class A shares from 8,188,610 to approximately 1,637,722 and Class B shares from 3,829,500 to approximately 765,900.
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Nasdaq Compliance Objective
The consolidation aims to lift the share price above the $1.00 minimum bid requirement under Nasdaq Rule 5550(a)(2) and maintain the listing.
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New CUSIP and Trading Details
Shares will trade under the same symbol IZM but with new CUSIP G4760B118 beginning September 15, 2026.
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Prior Approval Context
Shareholders approved the reverse split on August 14, 2026, following a July 27 board authorization; this filing confirms the effective date and operational details.
Analysis · IZM · Trade & Services
ICZOOM confirms its 1-for-5 reverse stock split will take effect September 15, 2026, reducing Class A shares from 8,188,610 to approximately 1,637,722 and Class B shares from 3,829,500 to approximately 765,900. The move is designed to lift the share price above Nasdaq's $1.00 minimum bid requirement and regain compliance with Rule 5550(a)(2). Trading near its 52-week low of $0.226, the company faces delisting risk if the consolidation fails to sustain a higher price.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. 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, IZM was trading at $0.23 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.8M. The 52-week trading range was $0.23 to $2.73. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.