ZOOZ Strategy Ltd. (NASDAQ: ZOOZ) announced a 1-for-20 reverse stock split of its ordinary shares will take effect before market open on June 1, 2026. The shares will trade on both the Nasdaq Capital Market and Tel Aviv Stock Exchange under the existing "ZOOZ" symbol following the split.

The reverse split received shareholder approval at the company's External General Meeting on May 11, 2026, with the specific 1-for-20 ratio approved by the board of directors the same day.

The split will reduce outstanding ordinary shares from approximately 162.0 million to approximately 8.1 million shares. The par value per share will increase from NIS 0.00286 to NIS 0.0572, while authorized share capital will be set at NIS 2.86 million divided into 50 million ordinary shares.

All outstanding options, warrants, restricted share units and other convertible securities will be adjusted proportionally according to their respective agreements. Fractional shares resulting from the split will be rounded up to the nearest whole share unless exchange rules require otherwise.

The ordinary shares will retain the same ISIN number but receive a new CUSIP number. The company's articles of association will be automatically amended to reflect the reverse split terms.

Additional details about the reverse split effects are available in the company's proxy statement filed with the Securities and Exchange Commission on Form 6-K on April 13, 2026.