MKDWELL Tech shares surge 10.94% after-hours on 30-to-1 share combination to regain Nasdaq compliance.

jueves, 22 de enero de 2026, 4:28 pm ET1 min de lectura
MKDW--
MKDWELL Tech Inc. surged 10.94% in after-hours trading following its announcement of a 30-to-1 share combination to regain Nasdaq listing compliance and strengthen its capital structure. The move, effective January 26, 2026, will reduce issued shares from 141 million to ~4.7 million and outstanding shares from 106.5 million to ~3.55 million. The company emphasized that the consolidation aims to meet Nasdaq’s minimum share price requirements while enhancing long-term financial flexibility. Proportionate adjustments to warrants, convertible notes, and conversion rights will also occur. Investors likely viewed the proactive step as a positive signal of management’s commitment to maintaining exchange compliance and improving shareholder value through a streamlined capital structure.

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