08:54 AM EDT, 06/27/2025 (MT Newswires) -- Helius Medical Technologies ( HSDT ) shares were over 28% lower premarket Friday after the company said it will implement a 1-for-50 reverse split of its class A stock to comply with Nasdaq's continued listing requirements.

Every 50 shares of the company's stock will be converted into one share, the company said.

Helius Medical Technologies ( HSDT ) said its shares will trade on a split adjusted basis starting Tuesday.