10:50 AM EDT, 08/26/2024 (MT Newswires) -- Femto Technologies ( BCAN ) said Monday that its reverse stock split has become effective and the shares have started trading on Nasdaq on a split-adjusted basis.

The reverse stock split reduced the company's issued and outstanding common shares to roughly 650,070 from about 11.1 million, Femto ( BCAN ) said.

Shares in the software company were down by more than 10% in recent trading.

Price: 8.20, Change: -0.84, Percent Change: -9.30