Cardio Diagnostics Announces 1-for-30 Reverse Stock Split to Regain Nasdaq Compliance

Reuters

13 May

Cardio Diagnostics Announces 1-for-30 Reverse Stock Split to Regain Nasdaq Compliance

Cardio Diagnostics Holdings Inc. $(CDIO)$ announced a 1-for-30 reverse stock split of its common stock, effective May 13, 2025. This move aims to regain compliance with Nasdaq's minimum bid price requirement. As a result, the number of outstanding shares will decrease from approximately 52 million to 1.7 million, while the ticker symbol "CDIO" remains unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardio Diagnostics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-000781), on May 13, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This move aims to regain compliance with Nasdaq's minimum bid price requirement. As a result, the number of outstanding shares will decrease from approximately 52 million to 1.7 million, while the ticker symbol \"CDIO\" remains unchanged.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardio Diagnostics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-000781), on May 13, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CDIO","symbol_name":"CARDIO DIAGNOSTICS HOLDINGS INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250513:nNDL8YXCX4:1","article_id":"2535963727","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535963727","pubTimestamp":1747137683,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cardio Diagnostics Holdings Inc.  announced a 1-for-30 reverse stock split of its common stock, effective May 13, 2025. This move aims to regain compliance with Nasdaq's minimum bid price requirement. As a result, the number of outstanding shares will decrease from approximately 52 million to 1.7 million, while the ticker symbol \"CDIO\" remains unchanged.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardio Diagnostics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 13, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CDIO":"CARDIO DIAGNOSTICS HOLDINGS INC","BK4139":"生物科技"},"translate_title":"Cardio Diagnostics宣布30股1股反向股票分割，以重新获得纳斯达克合规性","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CDIO":0.9},"content_text":"Cardio Diagnostics Announces 1-for-30 Reverse Stock Split to Regain Nasdaq Compliance\n    \n\n        Cardio Diagnostics Holdings Inc. $(CDIO)$ announced a 1-for-30 reverse stock split of its common stock, effective May 13, 2025. This move aims to regain compliance with Nasdaq's minimum bid price requirement. As a result, the number of outstanding shares will decrease from approximately 52 million to 1.7 million, while the ticker symbol \"CDIO\" remains unchanged.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardio Diagnostics Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-000781), on May 13, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}