Lifeward to Effect 1-for-12 Reverse Stock Split-March 2024-www.financetom.com

Lifeward to Effect 1-for-12 Reverse Stock Split

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Lifeward to Effect 1-for-12 Reverse Stock Split

Mar 11, 2026 4:56 AM

08:32 AM EST, 02/20/2026 (MT Newswires) -- Lifeward ( LFWD ) said Friday that it will effect a 1-for-12 reverse split of its ordinary shares at the open of the market on Tuesday.

The reverse stock split is expected to increase the per share price and bid price of the company's shares above the minimum $1 per share required under Nasdaq's continued listing requirements, Lifeward ( LFWD ) said.

Along with the reverse stock split, the company's board also voted to increase the company's authorized share capital to 100 million shares, pursuant to authority granted by the shareholders, Lifeward ( LFWD ) added.

Shares of the company were down over 3% in recent Friday premarket activity.

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