StocksMedium•12 November 2026•
1 min read
Sangrix Inc. Announces 1-for-8 Reverse Stock Split
Key Facts
1Sangrix Inc. announced a 1-for-8 reverse stock split of its Class A and Class B ordinary shares.
2The reverse stock split is scheduled to become effective on November 16, 2026.
Sangrix Inc. announced a 1-for-8 reverse stock split of its Class A and Class B ordinary shares. GlobeNewswire reported that the reverse split is scheduled to become effective on November 16, 2026, at which point every eight issued and outstanding shares will consolidate into one share of the respective class.
SGRX closed at $0.429 on November 11, 2026, with the session seeing a trading range between a low of $0.3871 and a high of $0.52. The company is implementing the consolidation to increase its per-share price and maintain compliance with Nasdaq listing requirements.