Zeta Network Group Announces Reverse Stock Split to Maintain Nasdaq Compliance
Zeta Network Group, a Nasdaq-listed Bitcoin treasury and digital infrastructure company, has announced a reverse stock split of its common shares at a 100:1 ratio. According to Foresight News, this move is expected to take effect on March 12 and aims to increase the stock price to meet Nasdaq's listing compliance requirements and maintain its listing status. Following the reverse split, the total number of Zeta's Class A common shares will decrease from approximately 158 million to about 1. 58 million, with the par value per share adjusted from $0
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