Mobile-health sets 1-for-6 reverse stock split
Mobile-health Network Solutions is implementing a 1-for-6 reverse stock split of its ordinary shares and has amended its governing documents to reflect this and a larger authorized share capital.
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Rhea-AI Filing Summary
Mobile-health Network Solutions is implementing a 1-for-6 reverse stock split of its ordinary shares and has amended its governing documents to reflect this and a larger authorized share capital. Every six issued and outstanding ordinary shares will be combined into one share, with any fractional entitlement rounded up to one full share.
Under the Memorandum Amendment, authorized share capital is now $18,720,000, divided into 19,500,000,000 ordinary shares, and par value has increased from $0.00016 to $0.00096 per share. The reverse split becomes effective at 12:01 a.m. Eastern Time on June 29, 2026, when MNDR shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market under the existing ticker.
Insights
Mobile-health is consolidating shares 1-for-6 and expanding authorized capital.
The company is executing a 1-for-6 reverse stock split, which reduces the number of shares outstanding while increasing the par value per ordinary share from $0.00016 to $0.00096. Corporate documents were amended to align legal capital with this new structure.
Authorized share capital now totals $18,720,000, divided into 19,500,000,000 ordinary shares, giving substantial capacity for future issuances if the company chooses. The reverse split becomes effective on June 29, 2026, when MNDR will start trading on a split-adjusted basis on the Nasdaq Capital Market.
Key Figures
Key Terms
Reverse Stock Split financial
par value financial
Memorandum Amendment regulatory
Extraordinary General Meeting regulatory
Nasdaq Capital Market market
FAQ
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What reverse stock split did Mobile-health Network Solutions (MNDR) approve?
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Did Mobile-health Network Solutions change its Nasdaq ticker symbol after the reverse split?
AI-generated analysis. How Rhea-AI works. Not financial advice.