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AVAX One regains NASDAQ compliance after 1-for-12 reverse stock split

Market News
09 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

AVAX One Technology regained compliance with NASDAQ's $1 minimum bid price by executing a 1-for-12 reverse stock split effective June 15, clearing the threshold on July 9. The company, holding about 14 million Avalanche (AVAX) tokens and generating over $11 million annualized revenue from staking and Bitcoin mining, avoided delisting. Leadership changes include a new interim CEO, and the company plans to expand into AI-focused data centers. This move allows investors, especially those restricted from holding crypto directly, to gain exposure to AVAX through a NASDAQ-listed stock.

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