Monitor post-split trading liquidity and potential Nasdaq compliance implications — sub-$1 bid price avoidance is the typical motive for such aggressive reverse splits. The reduction to ~1.05M shares creates a very low float, which may increase volatility but does not change the company's fundamentals. No operational catalyst provided.
Price Chart
Executive Summary
AiRWA Inc. filed a Certificate of Amendment to effect a 1-for-40 reverse stock split, effective May 18, 2026, reducing outstanding shares from approximately 42,142,432 to approximately 1,053,561. The split was previously authorized by stockholders at the April 17, 2026 annual meeting, with the board selecting the 1-for-40 ratio from an authorized range of 1-for-40 to 1-for-800.
Key Facts
- Reverse stock split ratio of 1-for-40, effective May 18, 2026
- Outstanding shares reduced from ~42,142,432 to ~1,053,561
- Authorized shares unchanged at 1,000,000,000; par value unchanged at $0.001
- Stockholders approved reverse split range of 1-for-40 to 1-for-800 at April 17, 2026 annual meeting
- No fractional shares; rounding up to whole shares in lieu of fractional shares
- Ticker YYAI unchanged; new CUSIP number 831445606
Financial Impact
No financial data disclosed; share count reduction from ~42M to ~1.05M is purely structural with no change in authorized shares or par value. The filing does not contain revenue, earnings, or cash flow figures.
Risk Factors
- Post-split share count of ~1.05M is extremely low, creating potential for heightened volatility and liquidity challenges
- Reverse split alone does not address any underlying business or financial issues
- The filing contains no financial results or guidance — no operational update accompanies the split
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-024417 |
| Exhibit: ex3-1.htm | 0001493152-26-024417 |
| Exhibit: ex99-1.htm | 0001493152-26-024417 |
| Document: 0001493152-26-024417-index-headers.html | 0001493152-26-024417 |
| Document: 0001493152-26-024417-index.html | 0001493152-26-024417 |
| Document: 0001493152-26-024417.txt | 0001493152-26-024417 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 13d ago | 8-K/A | $0.7527 | awaiting T+20 | — | $0.7090 (−5.81%) |
Aug 28, 2026 8w ago | Press Release | $0.8390 $0.8350 | ▲ +0.48% | ▲ +0.54% | $0.7090 (+15.49%) |
Jul 30, 2026 12w ago | 8-K | $0.1700 $0.0479 | ▼ −71.79% | ▼ −75.76% | $0.7090 (+317.06%) |
Jun 8, 2026 20w ago | 8-K | $9.01 $7.29 | ▼ −19.09% | ▼ −21.08% | $0.7090 (−92.13%) |
May 19, 2026 23w ago | 8-K | $10.85 $7.54 | ▼ −30.51% | ▼ −31.25% | $0.7090 (−93.47%) |
Apr 8, 2026 28w ago | DEFA14A | $40.40 $29.04 | ▼ −28.12% | ▼ −35.69% | $0.7090 (−98.25%) |
US Market Status
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