Advanced Biomed Inc. Announces 1 for 20 Share Consolidation
Advanced Biomed (Nasdaq: ADVB) will effect a 1-for-20 reverse stock split at the open of Nasdaq on February 20, 2026 to regain compliance with Nasdaq Listing Rule 5550(a)(2).
Rhea-AI Summary
Advanced Biomed (Nasdaq: ADVB) will effect a 1-for-20 reverse stock split at the open of Nasdaq on February 20, 2026 to regain compliance with Nasdaq Listing Rule 5550(a)(2).
The board approved the split on January 30, 2026 after shareholder written consent on January 12, 2026. Post-split shares outstanding will change from 27,290,710 to approximately 1,364,536, and the security will trade under the same symbol ADVB with a new CUSIP 00752P203.
Positive
- Aims to regain Nasdaq compliance with $1.00 minimum bid requirement
- Immediate reduction to ~1.36M issued shares post-split
- Board-approved implementation on a defined effective date
Negative
- Reverse split may reduce trading liquidity and average daily volume
- Perception risk: reverse split typically follows a sub-$1 share price
- CUSIP change could cause short-term trading or settlement frictions
Details
News Market Reaction – ADVB
In the Feb 18 session, ADVB declined 10.69%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Reverse split ratio
- 1-for-20
- Ratio for share consolidation effective February 20, 2026
- Shares outstanding pre-split
- 27,290,710 shares
- Total issued and outstanding common shares before reverse split
- Shares outstanding post-split
- 1,364,536 shares
- Approximate issued and outstanding common shares after reverse split
- Nasdaq minimum bid
- $1.00 per share
- Nasdaq Listing Rule 5550(a)(2) minimum bid price requirement
- Net income
- $6.47M
- Six months ended December 31, 2025 (driven by gain on HK sale)
- Equity line capacity
- $25,000,000
- Maximum common stock issuable under equity line of credit
- Private placement shares
- 4,000,000 shares at $0.062
- Shares sold January 28, 2026 for total proceeds of $248,000
- Commitment fee shares
- 1,650,710 shares for $500,000
- Shares issued January 30, 2026 as equity line commitment fee
Historical Context
-
120‑case IRB‑approved feasibility study for A+PerfusC with Chi‑Mei Medical.
-
Sale of Hong Kong subsidiary and shift of clinical trials to Taiwan unit.
-
Launch of A+PerfusC 3D cell culture platform targeting global 3D culture market.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
reverse stock split financial
cusip technical
regulation s regulatory
form 25-nse regulatory
equity line of credit financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Tainan City, Taiwan, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Advanced Biomed Inc. (Nasdaq: ADVB) (the “Company” or “Advanced Biomed”), a biotechnology company focused on developing and commercializing innovative biomedical products for precision medicine and advanced diagnostics, today announced a reverse stock split of the Company’s issued and outstanding common stock at a ratio of 1 for 20 shares (the “Reverse Split”), which will take effect at the open of The Nasdaq Stock Market (“Nasdaq”) on February 20, 2026.
In accordance with Section 78.320.2 of the Nevada Revised Statutes, on January 12, 2026, the holders of a majority of the outstanding voting power of the Company approved by written consent a reverse stock split of the Company’s issued and outstanding shares of common stock, at a ratio of not less than 1 for 2 and not more than 1 for 100 shares, with the final ratio and timing of implementation to be determined by the board in its sole discretion, and authorized the board to effect such reverse stock split at any time thereafter. On January 30, 2026, the board approved implementation of the reverse stock split at a ratio of 1 for 20 shares.
The objective of the reverse split is to enable the Company to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires issuers listed on The Nasdaq Capital Market to evidence a minimum bid price of
Upon the open of trading on February 20, 2026, the Company’s common stock will begin trading on a reverse split-adjusted basis, under the same symbol “ADVB” but under a new CUSIP number, 00752P203.
As a result of the reverse split, each 20 shares of common stock with a par value of US
No fractional shares will be issued to any stockholders in connection with the reverse split, and each stockholder will be entitled to receive one full share of common stock in the Company in lieu of the fractional share that would have resulted from the reverse split.
At the time the share consolidation is effective, the Company’s total issued and outstanding common shares will change from 27,290,710 common shares to approximately 1,364,536 common shares. The Company’s authorized shares will remain unchanged.
About Advanced Biomed Inc.
Advanced Biomed Inc. is a Nevada corporation specializing in innovative biomedical technologies for cancer detection and precision medicine.
Operating through the subsidiary in Taiwan, the Company has developed a proprietary microfluidic platform that integrates semiconductor and biotechnology to enable advanced circulating tumor cell (CTC) detection, enrichment, and analysis. Its portfolio includes devices, biochips, and designed for cancer screening, diagnosis, treatment selection, and prognosis assessment, with regulatory clearances in progress in Taiwan and plans for future global expansion.
For more information, please visit: www.advanbiomed.com.
Forward‑Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the documents filed with the United States Securities and Exchange Commission (the “SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Advanced Biomed Inc.
Steven I-Fang Cheng
Email: info@advbiomedicine.com
invest@advbiomedicine.com