PRF Technologies (PRFX) cuts share count with 1-for-5 reverse split
Rhea-AI Filing Summary
PRF Technologies Ltd. is implementing a 1-for-5 reverse share split of its ordinary shares, consolidating every five existing shares into one new share with no par value. The company’s ordinary shares are expected to begin trading on the Nasdaq Capital Market on this adjusted basis on February 6, 2026.
After the reverse split, authorized share capital will consist of 12,000,000 ordinary shares, and issued and outstanding shares will change from 3,915,340 to 783,068, with fractional shares rounded up to the nearest whole share. Exercise prices and share amounts under all outstanding options and warrants will be adjusted proportionately so holders retain equivalent economic value on a post-split basis.
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Insights
PRF Technologies is consolidating its equity 1-for-5, materially changing share count but not company value.
PRF Technologies Ltd. approved a 1-for-5 reverse share split, reducing issued and outstanding ordinary shares from 3,915,340 to 783,068. This action changes the number of shares and per-share price mechanics but does not, by itself, alter the company’s overall market value.
Authorized capital will be 12,000,000 ordinary shares after the split, and all outstanding options and warrants will receive proportionate adjustments to exercise price and shares issuable. Rounding up fractional shares slightly increases individual holdings where fractions arise, but the overall impact depends on the existing shareholder base and trading after February 6, 2026.