Enlivex Ltd: H.C. Wainwright adjusts target price to $80 from $20 to reflect reverse stock split

Enlivex Ltd. (Nasdaq: ENLV) announced 1-for-15 reverse stock split, effective July 9, 2026. As a result, every fifteen shares will be combined into one, reducing outstanding shares to 16.8M. The par value per share will increase from NIS 0.40 to NIS 6.00, and authorized shares decrease to 158.3M. Fractional shares will be rounded up to the nearest whole share, and CUSIP number changes to M4130Y.

Following the announcement, H.C. Wainwright adjusted target price to $80, reflecting the impact of the reverse stock split. The firm did not provide additional commentary on the rationale for the change. The adjustment aligns with the typical practice of revising price targets to account for corporate actions that alter the capital structure.

Enlivex’s shares will continue to trade on the Nasdaq Capital Market under the symbol “ENLV.” Shareholders received instructions from the transfer agent, VStock Transfer, LLC, regarding exchange of certificates. The reverse split does not affect shareholders’ ownership percentages or voting rights, except for minor adjustments due to rounding.