Cemtrex - approves 1-for-10 reverse stock split effective June 5, 2026 - SEC filing

Cemtrex Inc. (NASDAQ: CETX, CETXP) has announced that it has approved a 1-for-10 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on June 5, 2026. The move is intended to help the company maintain compliance with Nasdaq’s minimum closing bid price requirements for continued listing.

Under the terms of the reverse stock split, every 10 shares of the company’s issued and outstanding common stock will be combined into one share. The par value of the stock will remain unchanged at $0.001 per share. Fractional shares will not be issued; instead, shareholders will be issued one whole share.

The reverse stock split will reduce the total number of outstanding shares by a factor of 10. Additionally, all outstanding stock options, warrants, and other equity awards will be adjusted proportionally to reflect the new share structure.

The company’s common stock will continue to trade under the ticker symbol “CETX” on the Nasdaq Capital Market. A new CUSIP number will be assigned to reflect the change. Shareholders who hold shares in certificated form will receive instructions from the transfer agent, ClearTrust, LLC, regarding the exchange process. Shareholders with shares held in brokerage accounts will not need to take any action, as the reverse split will be reflected in their accounts automatically.

This is the latest in a series of reverse stock splits undertaken by Cemtrex to meet Nasdaq listing requirements. The company previously executed a 1-for-35 reverse stock split in November 2024 and a 1-for-35 split in January 2023.

The reverse stock split is expected to have no material impact on shareholders’ percentage ownership in the company, except in cases where rounding of fractional shares occurs.