Shares of All In FutureTech Alliance Inc (NASDAQ:AIFA) fell 9% in pre‑market trading on 5 June 2026 after the board approved a 1‑for‑6 reverse stock split.
The reverse split was authorized by approximately 99% of votes cast at a Special Meeting held on 1 June 2026, which also approved an amendment to the certificate of incorporation allowing a split ratio between 1‑for‑2 and 1‑for‑25; the board selected a 1‑for‑6 ratio.
The transaction will reduce the number of outstanding shares from roughly 38.3 million to about 6.4 million, subject to rounding adjustments; no fractional shares will be issued, and any fractional share will be rounded up to the nearest whole share.
Nasdaq issued a notice on 11 May 2026 indicating the company was out of compliance with the exchange’s minimum bid price requirement, prompting the reverse split to regain compliance.
Chairman and Chief Executive Officer James Li stated the approval provides additional flexibility as the company responds to the Nasdaq notice while continuing to advance broader strategic initiatives.
The company will continue to evaluate and pursue other measures to support its capital‑markets positioning, strategic development, and continued listing status.
Further details are available in the definitive proxy statement filed with the SEC on 21 May 2026.
