Non-Invasive Monitoring Systems files draft information statement with SEC

NON-INVASIVE MONITORING SYSTEMS INC

NON-INVASIVE MONITORING SYSTEMS INC

NIMU

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  • Non-Invasive Monitoring Systems shareholders authorized a reverse stock split of outstanding common shares, with a ratio range of 1-for-100 to 1-for-500.
  • The board will set the final ratio, timing, and effective date; the company had 155,810,655 common shares outstanding as of May 26, 2026.
  • Shareholders also authorized a corporate name change to Gravitics Holdings.
  • The actions are tied to a planned merger with Gravitics, with closing targeted on or before June 30, 2026.
  • The merger plan also contemplates an underwritten public offering of at least $40 million, with an intended Nasdaq Capital Market listing.


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. Non-Invasive Monitoring Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-025354), on May 27, 2026, and is solely responsible for the information contained therein.