Next Technology Holding to implement 200-for-1 reverse stock split

CHEYENNE, Wyoming - Next Technology Holding Inc. (NASDAQ:NXTT), currently trading at $0.36 with a market capitalization of approximately $96 million, announced Thursday it will implement a 200-for-1 reverse stock split of its common stock, effective September 16, 2025.

The reverse split will reduce the company’s outstanding shares from approximately 566.3 million to about 2.8 million shares. The stock will continue trading on the Nasdaq Capital Market under the same NXTT symbol but with a new CUSIP number: 961884301. The move comes as the stock has seen significant volatility, with InvestingPro data showing a 148% return over the past week despite a 72% decline over the past year.

According to the company’s statement, the split will be applied uniformly to all outstanding shares, with any resulting fractional shares rounded up. The par value of the common stock and the number of authorized shares will remain unchanged.

Shareholders holding shares electronically at brokerage firms or in book-entry form with the transfer agent, Transhare Corporation, will not need to take any action as the effect will be automatically reflected in their accounts.

Next Technology Holding describes itself as a technology company with a dual focus on AI-enabled software development services and Bitcoin acquisition. The company provides SaaS software design and implementation to industrial clients primarily in the Asia-Pacific region.

The announcement did not specify the reasons behind the reverse stock split decision, which is typically implemented by companies to increase their share price and maintain listing requirements.

The information in this article is based on a press release statement from Next Technology Holding Inc.

In other recent news, Next Technology Holding Inc. has announced a new dividend policy, committing to distribute at least 80% of its profits to shareholders. This decision follows the company’s reported Q2 2025 net income of $312 million, suggesting potential annualized dividend payments exceeding $250 million. Additionally, the company recently raised approximately $9 million through a registered direct offering, selling 60 million shares at $0.15 each. However, Next Technology Holding faces potential delisting from the Nasdaq Stock Market due to a lack of operations, as indicated in recent filings that show no revenue generated in 2025. The company also announced a 200-for-1 reverse stock split, effective September 16, 2025, with shares continuing to trade under the same symbol on a split-adjusted basis. These developments come as the company navigates its operational and financial strategies.

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