Next Technology Holding Announces 100-for-1 Reverse Stock Split

What Happened Next Technology Holding Inc. (NXTT) announced a board-approved 100-for-1 reverse stock split that will become effective at 12:01 a.m. Eastern Time on August 10, 2026. The company’s board approved the specific split on July 29, 2026, following stockholder authorization on June 20, 2025 to effect a reverse split in a range of 1-for-10 to 1-for-250. After the split, NXTT shares will trade on the Nasdaq Capital Market on a split-adjusted basis under the existing ticker “NXTT,” and the company’s Common Stock has been assigned a new CUSIP (961884400).

Key Details

• Reverse split ratio: 100-for-1 (approved July 29, 2026; effective Aug 10, 2026 at 12:01 a.m. ET).
• Outstanding shares: will be reduced from ~147,296,192 to ~1,472,962 shares.
• Trading/ticker: shares will trade on Nasdaq on a split-adjusted basis under “NXTT”; new CUSIP 961884400.
• Fractional shares: no fractional shares will be issued; fractional interests will be rounded up.
• Plan impact: authorized shares and par value remain unchanged; unissued shares reserved under the 2025 Equity Incentive Plan will not be adjusted downward for the split.

Why It Matters A reverse stock split reduces the number of shares outstanding and increases the per-share price proportionally; it does not change each stockholder’s ownership percentage (except for rounding effects). For investors, the split may affect share price appearance, listing compliance, and perception of the stock, but it does not change the company’s market capitalization or the total percentage ownership of most holders. Holders who keep shares in brokerage accounts or book-entry with the transfer agent do not need to take action; holders with questions should contact their broker or nominee.