Glucotrack, Inc. Announces 1-for-15 Reverse Stock Split

What Happened
Glucotrack, Inc. (a Delaware corporation) announced a 1-for-15 reverse stock split of its common stock (par value $0.001 per share), effective with the opening of trading on August 31, 2026. The company furnished a press release about the action under Item 7.01 (Regulation FD disclosure) in its Form 8‑K filed August 27, 2026.

Key Details

• Reverse split ratio: 1-for-15 (each 15 pre-split shares will be combined into 1 post-split share).
• Effective date and time: at the opening of trading on August 31, 2026.
• Disclosure: the announcement was made via a press release furnished as Exhibit 99.1 to the Form 8‑K.
• Par value: common stock par value is $0.001 per share (as stated in the filing).

Why It Matters
A reverse stock split reduces the total number of shares outstanding and proportionally increases the per-share price. For current shareholders, the split changes the share count and market price per share but does not by itself change the shareholder’s percentage ownership or the company’s market capitalization. The filing does not state a reason for the reverse split or provide financial results or other corporate actions. Investors should note the date when share counts and trading units will change and monitor further company disclosures for rationale or any related corporate actions.