AiRWA implements 1-for-40 reverse stock split effective May 18

AiRWA Inc. (NASDAQ: YYAI) will implement a 1-for-40 reverse stock split of its common stock effective at the opening of trading on May 18, 2026, according to a company statement.

The reverse split was previously approved by stockholders at the company's annual meeting on April 17, 2026. Stockholders authorized one or more reverse stock splits over two years at ratios between 1-for-40 and 1-for-800, with the board determining the specific ratio and timing.

Following the split, every 40 shares of outstanding common stock will convert into one share. This will reduce the company's outstanding shares from approximately 42.1 million to approximately 1.1 million shares. Stockholders will receive rounded-up whole shares instead of fractional shares.

ClearTrust, LLC will serve as the exchange agent and provide stockholders with transaction statements reflecting their post-split holdings. The stock will continue trading under the YYAI ticker symbol with a new CUSIP number 831445606.

The number of authorized shares and par value per share will remain unchanged. The company will make proportionate adjustments to exercise prices and share quantities for outstanding equity awards and warrants, as well as shares under equity incentive plans.

AiRWA describes itself as an AI company providing enterprise services for transitioning from data to applications. Through its majority-owned subsidiary Yuanyu Enterprise Management Co., the company holds patents and technology licensed to partners. The company plans to launch the AiRWA Exchange focusing on tokenization of real-world assets, particularly U.S. stocks.

You May Also Be Interested In

• Chevron signed an agreement with Iraq's Basra Oil Company to advance commercial negotiations for West Qurna 2
• Q32 Bio (QTTB) files for 6.875M share offering by selling stockholders
• ACI Worldwide exploring sale of billing division - Reuters