05:29 PM EDT, 09/24/2025 (MT Newswires) -- Lunai Bioworks ( RENB ) said late Wednesday its board approved a 10-for-1 reverse stock split of its common stock, effective Sept. 30.

The reverse stock split, intended to comply with Nasdaq's minimum bid price requirement, will see the company's shares trade under the symbol LNAI, the company said.

Shares of the company plunged 25% in after-hours activity.