Advanced Biomed Inc. announces a 1-for-20 reverse stock split to comply with Nasdaq listing requirements effective February 20, 2026.
Quiver AI Summary
Advanced Biomed Inc. announced a reverse stock split at a ratio of 1 for 20 shares, effective February 20, 2026, to comply with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. The decision, approved by a majority of shareholders on January 12, 2026, aims to reduce the number of outstanding shares from 27,290,710 to approximately 1,364,536. Each holder will receive one full share for every 20 shares they own, with no fractional shares issued. The company's stock will trade under the same symbol, "ADVB," but will have a new CUSIP number. Advanced Biomed specializes in innovative biomedical products for cancer detection and precision medicine and has plans for global expansion.
Potential Positives
- The reverse stock split aims to help the company regain compliance with Nasdaq Listing Rule 5550(a)(2), indicating efforts to stabilize and enhance its market standing.
- The consolidation reduces the total number of shares from approximately 27 million to around 1.36 million, potentially making the stock more attractive to institutional investors.
- The company received majority approval for the reverse stock split, demonstrating strong support from its shareholders and board for strategic decisions.
Potential Negatives
- The company's decision to implement a reverse stock split may indicate financial instability or difficulties in maintaining compliance with Nasdaq listing requirements, potentially undermining investor confidence.
- A significant reduction in the number of shares outstanding could raise concerns among investors about liquidity and the overall market perception of the company's valuation.
- The reverse stock split could be perceived as a last resort to maintain Nasdaq listing compliance, which may lead to negative speculation regarding the company's future business prospects.
FAQ
What is the date of the Advanced Biomed reverse stock split?
The reverse stock split will take effect at the open of Nasdaq on February 20, 2026.
What is the reverse stock split ratio for Advanced Biomed?
The reverse stock split ratio is 1 for 20 shares of common stock.
Why is Advanced Biomed conducting a reverse stock split?
The reverse split aims to help the Company regain compliance with Nasdaq Listing Rule 5550(a)(2).
Will the reverse stock split affect stockholders' ownership percentages?
The reverse split will not alter stockholders' percentage ownership interests, except for minor changes from fractional shares.
What will happen to fractional shares after the reverse split?
No fractional shares will be issued; stockholders will receive one full share instead.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ADVB Hedge Fund Activity
We have seen 3 institutional investors add shares of $ADVB stock to their portfolio, and 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 81,843 shares (+141.9%) to their portfolio in Q3 2025, for an estimated $36,673
- HRT FINANCIAL LP removed 35,681 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $10,411
- XTX TOPCO LTD removed 24,971 shares (-47.8%) from their portfolio in Q4 2025, for an estimated $7,286
- RENAISSANCE TECHNOLOGIES LLC removed 24,600 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $11,023
- VIRTU FINANCIAL LLC added 7,770 shares (+32.0%) to their portfolio in Q3 2025, for an estimated $3,481
- UBS GROUP AG added 965 shares (+28.7%) to their portfolio in Q4 2025, for an estimated $281
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Tainan City, Taiwan, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Advanced Biomed Inc. (Nasdaq: ADVB) (the “Company” or “Advanced Biomed”), a biotechnology company focused on developing and commercializing innovative biomedical products for precision medicine and advanced diagnostics, today announced a reverse stock split of the Company’s issued and outstanding common stock at a ratio of 1 for 20 shares (the “Reverse Split”), which will take effect at the open of The Nasdaq Stock Market (“Nasdaq”) on February 20, 2026.
In accordance with Section 78.320.2 of the Nevada Revised Statutes, on January 12, 2026, the holders of a majority of the outstanding voting power of the Company approved by written consent a reverse stock split of the Company’s issued and outstanding shares of common stock, at a ratio of not less than 1 for 2 and not more than 1 for 100 shares, with the final ratio and timing of implementation to be determined by the board in its sole discretion, and authorized the board to effect such reverse stock split at any time thereafter. On January 30, 2026, the board approved implementation of the reverse stock split at a ratio of 1 for 20 shares.
The objective of the reverse split is to enable the Company to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires issuers listed on The Nasdaq Capital Market to evidence a minimum bid price of $1.00 per share.
Upon the open of trading on February 20, 2026, the Company’s common stock will begin trading on a reverse split-adjusted basis, under the same symbol “ADVB” but under a new CUSIP number, 00752P203.
As a result of the reverse split, each 20 shares of common stock with a par value of US$0.001 will automatically combine and convert into one issued and outstanding share of common stock with the same par value of US$0.001. The reverse split will affect all stockholders uniformly and will not alter any stockholder's percentage ownership interest in the Company, except for minimal changes that may result from the treatment of fractional shares. No action is required by stockholders holding their shares through a brokerage account.
No fractional shares will be issued to any stockholders in connection with the reverse split, and each stockholder will be entitled to receive one full share of common stock in the Company in lieu of the fractional share that would have resulted from the reverse split.
At the time the share consolidation is effective, the Company’s total issued and outstanding common shares will change from 27,290,710 common shares to approximately 1,364,536 common shares. The Company’s authorized shares will remain unchanged.
About Advanced Biomed Inc.
Advanced Biomed Inc. is a Nevada corporation specializing in innovative biomedical technologies for cancer detection and precision medicine.
Operating through the subsidiary in Taiwan, the Company has developed a proprietary microfluidic platform that integrates semiconductor and biotechnology to enable advanced circulating tumor cell (CTC) detection, enrichment, and analysis. Its portfolio includes devices, biochips, and designed for cancer screening, diagnosis, treatment selection, and prognosis assessment, with regulatory clearances in progress in Taiwan and plans for future global expansion.
For more information, please visit: www.advanbiomed.com .
Forward ‑ Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the documents filed with the United States Securities and Exchange Commission (the “SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Advanced Biomed Inc.
Steven I-Fang Cheng
Email:
[email protected]
[email protected]