Mar. 21 at 10:36 PM
$SRXH As of early 2025, NYSE and Nasdaq have tightened rules requiring listed companies to notify the exchange of a reverse stock split at least 10 calendar days before the effective date. This notification must include details like the ratio, new CUSIP, and a public press release, often submitted via the Listing Manager.
10-Day Requirement: The company must submit a company event notification form at least 10 calendar days before the anticipated market effective date of the reverse stock split, according to SEC approved rules.
Record Date Requirement: The NYSE specifically requires that listed companies notify the exchange at least ten calendar days in advance of all record dates for actions like a reverse split, notes the NYSE 2026 Annual Guidance Letter.
