The Nasdaq-listed defense company raised the ratio from 1-for-50 and said the move is intended to help meet the Nasdaq Capital Market’s minimum bid price requirement.
T3 Defense Inc. said its board approved a 1-for-125 reverse stock split of its common stock, with the change expected to take effect at 12:01 a.m. on July 20, 2026. The company said its shares will begin trading on a split-adjusted basis the same day on the Nasdaq Capital Market under the ticker DFNS, with a new CUSIP of 67054R 302. The board increased the ratio from the 1-for-50 level previously disclosed in a Form 8-K, citing recent stock activity. T3 Defense said the reverse split is intended in part to raise its per-share price so it can satisfy Nasdaq’s minimum bid price requirement for continued listing. At the effective date, every 125 outstanding shares will be reclassified into one new share, cutting shares issued and outstanding from about 139.8 million to about 1 million. Authorized share count and par value will remain unchanged, while outstanding stock options and warrants will be adjusted proportionately. Fractional shares will not be issued and will instead be rounded up to the nearest whole share. The company said the move will affect stockholders uniformly and will not alter percentage ownership interests.