MetaVia shares surge 118.53% after-hours after 1-for-11 reverse stock split to comply with Nasdaq listing requirements.

MetaVia Inc. (MTVA) surged 118.53% in after-hours trading following its announcement of a 1-for-11 reverse stock split to comply with Nasdaq listing requirements. The move, approved by shareholders in June 2025, reduces outstanding shares from 25.4 million to 2.3 million, effectively increasing the stock price to avoid delisting. The adjustment aligns with Nasdaq’s minimum bid price rules, enhances market perception, and stabilizes the company’s equity structure. Fractional shares will be rounded down, with cash compensation provided, ensuring shareholder value remains unchanged. This strategic action addresses regulatory compliance while signaling operational stability, directly driving the post-market rally. Other recent updates, such as clinical trial progress, did not immediately impact the stock’s sharp after-hours movement.