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Akari Therapeutics to execute 1-for-40 reverse stock split and adjust ADS ratio to meet Nasdaq rules

Company Fundamentals
24 Mar 2026
Gordon Thompson
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Neutral
pluang ai news

Akari Therapeutics will implement a 1-for-40 reverse stock split and change its American Depositary Shares (ADS) ratio from 1 ADS per 2,000 shares to 1 ADS per 80,000 shares on March 31, 2026. These changes aim to help the company comply with Nasdaq's minimum bid price requirements and maintain its listing. Deutsche Bank will handle the ADS exchange process. Currently trading at $0.14, Akari's stock has shown volatility but the restructuring is key for its continued presence on Nasdaq.

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