Welcome to our dedicated page for Nukkleus news (Ticker: NUKKW), a resource for investors and traders seeking the latest updates and insights on Nukkleus stock.
Nukkleus Inc (NUKKW) delivers innovative financial technology solutions through its integrated software platforms and payment services. This news hub provides stakeholders with verified updates on the company's strategic developments in fintech sector.
Key updates include: earnings announcements, technology partnerships, product launches, and regulatory milestones. Investors gain insights into both general support services advancements and financial services innovations, including fiat-to-digital asset payment solutions.
Our curated news collection enables efficient tracking of Nukkleus' market expansions across the United States, United Kingdom, and Malta. Bookmark this page for real-time updates on risk management technologies and operational efficiency initiatives shaping modern financial ecosystems.
Nukkleus (NASDAQ: NUKK) announced a 1-for-8 reverse stock split effective October 24, 2024. The split aims to regain compliance with Nasdaq's $1.00 minimum bid price requirement by November 4, 2024. Post-split, NUKK's outstanding shares will reduce from 16.9 million to approximately 2.1 million. The company's authorized shares were increased from 40 million to 150 million at the October 11 annual meeting. No fractional shares will be issued, and stockholders will receive rounded-up shares. The split won't alter stockholders' ownership percentages or voting power. Continental Stock Transfer & Trust Company is managing the exchange process for stockholders.
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