08:56 AM EDT, 08/16/2024 (MT Newswires) -- ENDRA Life Sciences ( NDRA ) said Friday it is implementing a one-for-50 reverse stock split of its common stock starting Tuesday to comply with the Nasdaq's $1-per-share listing requirement.

No fractional shares will be issued; instead, they will be rounded up to the nearest whole share, the company said.

The company's shares were down nearly 25% in recent Friday pre-market activity.