Recon Technology Sets 1-for-200 Reverse Split for August 18
RCON is trading near its 52-week low of $0.023 (12% above the low) on elevated volume (8.5× avg).
Summary
Recon Technology approved a 1-for-200 reverse split effective August 18, 2026, to boost its share price and maintain its Nasdaq listing.
Key Events · Corporate Governance and Compliance · RCON
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1-for-200 Reverse Split Approved
On July 1, 2026, the board approved a 1-for-200 consolidation of Class A ordinary shares, effective August 18, 2026.
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Share Count Reduction
Outstanding Class A shares will drop from 192,644,726 to approximately 963,224, a 99.5% reduction.
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Authorized Share Capital Cut
Authorized Class A shares are reduced from 3 billion to 15 million, with par value increased from $0.0001 to $0.02.
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Nasdaq Compliance Effort
The split aims to raise the per-share price from $0.0251 to about $5.02 post-split to meet Nasdaq's minimum bid requirement.
Analysis · RCON · Energy & Transportation
To regain Nasdaq compliance, Recon Technology is executing a 1-for-200 reverse stock split that lifts its share price from $0.0251 to a post-split equivalent of about $5.02. The move slashes outstanding Class A shares from 192.6 million to roughly 963,000, while authorized shares drop from 3 billion to 15 million. While this is a survival tactic to avoid delisting, it also signals severe distress and will likely increase volatility.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 35.6% of the 1100 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. 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, RCON was trading at $0.03 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $2M. The 52-week trading range was $0.02 to $3.15. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.