Inuvo announces 1-for-10 reverse stock split

Published 10/06/2025, 21:18
Inuvo announces 1-for-10 reverse stock split

Inuvo, Inc. (NYSE American:INUV), an advertising technology company with a market capitalization of $57.5 million and impressive revenue growth of 18.2% over the last twelve months, has announced a 1-for-10 reverse stock split of its common stock, effective as of 12:01 a.m. on June 10, 2025. According to InvestingPro analysis, the company maintains strong gross profit margins of 83.36%, though it faces some operational challenges. The reverse stock split was executed through a Certificate of Amendment to Inuvo’s Articles of Incorporation filed with the Secretary of State of Nevada.

Following the reverse stock split, every ten shares of Inuvo’s issued and outstanding common stock were combined into one share of common stock. The reverse stock split applied uniformly to all shareholders and did not alter any shareholder’s percentage interest in the company’s equity, except for adjustments due to rounding of fractional shares. Fractional shares resulting from the reverse stock split were rounded up to the nearest whole number, ensuring that no fractional shares were issued. The company’s stock has shown strong performance with a 58.17% return over the past year, as tracked by InvestingPro, which offers comprehensive analysis and additional insights through its Pro Research Reports covering over 1,400 US stocks.

The reverse stock split did not change the par value of the common stock or the authorized number of shares. All outstanding securities entitling their holders to purchase or acquire shares of common stock, such as stock options, restricted stock units, and warrants, were adjusted as a result of the reverse stock split as required by the terms of those securities.

The common stock began trading on a split-adjusted basis when the market opened on June 10, 2025, under the existing ticker symbol "INUV" on the NYSE American exchange. In conjunction with the reverse stock split, the CUSIP number for Inuvo’s common stock changed to 46122W 303.

The information provided here is based on Inuvo’s recent SEC filing and is a concise overview of the key changes resulting from the reverse stock split.

In other recent news, Inuvo Inc. reported impressive financial results for the first quarter of 2025, with revenue reaching $26.7 million, a 57% increase compared to the same period last year. The company successfully narrowed its net loss to $1.3 million from $2.1 million a year earlier, surpassing its revenue forecast of $23.75 million. Analysts noted a positive sentiment, as evidenced by an upward revision in earnings per share estimates over the last 90 days. Inuvo’s robust performance is attributed to strong demand for its enhanced self-serve IntentKey platform, which has boosted client engagement.

The company also highlighted plans to expand its workforce and explore a 10-for-1 reverse stock split to optimize its capital structure. Looking forward, Inuvo projects at least a 25% year-over-year revenue growth for the second quarter of 2025. The company aims to further innovate in digital advertising, with a focus on AI-driven solutions. Analysts from firms such as Alliance Global Partners (NYSE:GLP) and H.C. Wainwright expressed cautious optimism about Inuvo’s future, considering potential challenges like market saturation and macroeconomic pressures.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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