FMP
Oct 06, 2025(Last modified: Oct 07, 2025)
Nuvini Group Limited, listed on Nasdaq as NVNI, is a company that has recently undergone a significant change in its stock structure. On October 6, 2025, NVNI executed a reverse stock split at a ratio of 10 for 1. This strategic move consolidates every ten shares of Nuvini common stock into one share, reducing the number of outstanding shares from over 100 million to approximately 10 million.
The reverse stock split does not alter the company's market capitalization, which remains around $10.85 million. However, it impacts the stock's price and share count. NVNI's stock, currently priced at $3.14, has seen a slight increase of 0.29%, or $0.009. The stock has fluctuated between $2.84 and $3.40 today, reflecting market reactions to the split.
Despite the reverse split, NVNI continues to trade under the same symbol but will receive a new CUSIP number. Shareholders with brokerage accounts will notice their positions automatically adjusted to reflect the reverse split. No fractional shares will be issued; instead, any fractional shares will be rounded up to the nearest whole share, ensuring shareholders maintain their investment value.
Over the past year, NVNI's stock has experienced significant volatility, with a high of $12.19 and a low of $0.144. This volatility highlights the challenges and opportunities faced by the company in the market. The trading volume for NVNI stands at 1,040,941 shares, indicating active investor interest and engagement with the stock.
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