Monitor MIMI's post-split trading price to assess whether it sustains above $1.00 for ten consecutive days by June 17. If compliance is not achieved, delisting proceedings may follow, creating downside risk.
Price Chart
Executive Summary
Mint Incorporation Limited (MIMI) announced a 1-for-10 reverse stock split effective May 6, 2026, aiming to regain compliance with Nasdaq's $1.00 minimum bid price requirement by the June 17, 2026 deadline. The split reduces outstanding Class A shares from ~20.5M to ~2.05M but does not alter the company's fundamental value.
Key Facts
- Reverse stock split ratio is 1-for-10, effective May 6, 2026.
- Outstanding Class A shares reduced from approximately 20,512,500 to 2,051,250.
- Nasdaq compliance deadline is June 17, 2026, for the $1.00 minimum bid price.
- Fractional shares will be rounded up to the next whole share.
- Options, warrants, and convertible securities are proportionally adjusted.
Financial Impact
No direct financial impact; the split is a mechanical adjustment to share count and price.
Risk Factors
- Failure to regain compliance could lead to Nasdaq delisting and significant stock price decline.
- Reverse splits often signal financial distress and may further erode investor confidence.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001213900-26-051168 |
| Document: ea0288869-6k_mintinc.htm | 0001213900-26-051168 |
| Document: ea028886902ex99-1.htm | 0001213900-26-051168 |
| Document: 0001213900-26-051168-index-headers.html | 0001213900-26-051168 |
| Document: 0001213900-26-051168-index.html | 0001213900-26-051168 |
| Document: 0001213900-26-051168.txt | 0001213900-26-051168 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Press Release | $0.9488 | awaiting T+60 | — | $1.13 (+19.10%) |
Oct 13, 2026 13d ago | 6-K | $1.78 | awaiting T+60 | — | $1.13 (−36.34%) |
Oct 9, 2026 17d ago | 6-K | $0.8795 | awaiting T+60 | — | $1.13 (+28.48%) |
Oct 7, 2026 19d ago | 6-K | $0.8811 | awaiting T+60 | — | $1.13 (+28.25%) |
Oct 7, 2026 19d ago | SC 13G | $0.8811 | awaiting T+60 | — | $1.13 (+28.25%) |
Oct 7, 2026 19d ago | SC 13G/A | $0.8811 | awaiting T+60 | — | $1.13 (+28.25%) |
Oct 7, 2026 19d ago | SC 13G | $0.8811 | awaiting T+60 | — | $1.13 (+28.25%) |
Sep 15, 2026 5w ago | 6-K | $0.9270 | awaiting T+60 | — | $1.13 (+21.90%) |
Sep 10, 2026 6w ago | 6-K | $1.05 | awaiting T+60 | — | $1.13 (+7.62%) |
Sep 9, 2026 6w ago | 6-K | $0.9402 | awaiting T+60 | — | $1.13 (+20.19%) |
US Market Status
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