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StocksMediumUpdated×2•Originally published 31 March 2026•Updated 2 April 2026•

1 min read

Mobix Labs and NextPlat Announce 1-for-10 Reverse Stock Splits for Nasdaq Compliance

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Key Facts

1NextPlat Corp announced a 1-for-10 reverse stock split to increase its share price.

2 months ago

Version History

3 additional sources confirmed this story

Version 22 months ago

What changed: NextPlat filed legal amendments in Nevada and updated the effective date of its reverse stock split to April 13, 2026.

Version 12 months ago

What changed: Added Mobix Labs' announcement of a 1-for-10 reverse stock split and integrated its company profile with the existing NextPlat news.

Mobix Labs (Nasdaq: MOBX) has announced that its board of directors approved a 1-for-10 reverse stock split of its Class A and Class B common stock. The semiconductor provider joins NextPlat Corp (NASDAQ: NXPL) in implementing share consolidation measures to regain compliance with Nasdaq’s listing rules. NextPlat recently filed an amendment to its certificate of incorporation in Nevada to finalize its own 1-for-10 reverse split. The effective date for NextPlat’s split is now set for prior to the market open on April 13, 2026, updating the previously anticipated timeline. These corporate maneuvers are designed to meet the minimum bid price requirement of 1 USD per share and avoid potential delisting. Market participants remain cautious as these small-cap firms consolidate shares to artificially boost market prices following recent stock volatility.