12:19 PM EST, 01/02/2025 (MT Newswires) -- Trust Stamp (IDAI) said Thursday it is implementing a one-for-15 reverse stock split of its common stock starting Monday 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 up 1% in recent trading.

Price: 0.89, Change: +0.01, Percent Change: +1.01