Lunai Bioworks effects 1-for-8 reverse stock split May 22

Lunai

Lunai

LNAI

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  • Lunai Bioworks will carry out a 1-for-8 reverse stock split effective 12:01 a.m. ET on May 22, 2026.
  • Shares are set to trade on a split-adjusted basis on Nasdaq at the open on May 22 under the LNAI ticker.
  • The move targets a higher share price to help regain compliance with Nasdaq’s $1 minimum bid requirement.
  • Issued shares are expected to drop to about 4,533,890 from about 36,271,119, subject to rounding for fractional shares.
  • A new CUSIP, 29350E302, will take effect following the split.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lunai Bioworks Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605200915PR_NEWS_USPR_____LA64146) on May 20, 2026, and is solely responsible for the information contained therein.

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