MetaVia shares surge 91.89% after-hours after announcing 1-for-11 reverse stock split to comply with Nasdaq listing requirements.

MetaVia Inc. (MTVA) surged 91.89% in after-hours trading following the announcement of a 1-for-11 reverse stock split, effective December 4, 2025, to comply with Nasdaq’s minimum bid price requirements. The move, approved by shareholders, reduces outstanding shares from ~25.4 million to ~2.3 million, stabilizing the stock price and signaling the company’s commitment to regulatory compliance. The reverse split preserves total equity value while aligning with exchange standards, enhancing investor confidence. This strategic adjustment directly correlates with the stock’s sharp after-hours increase, as it addresses prior delisting risks and positions MetaVia for continued Nasdaq listing. Other news, including clinical trial updates and partnerships, were less immediately impactful compared to the structural change announced.