Next Tech’s bold move: Why is the 200-to-1 split more than just fixed prices

Next Technology Corp. (NTT) plans to conduct a 200-to-1 reverse stock split to address its share price below $1 and meet Nasdaq’s listing requirements. The move is yet to be approved by shareholders and regulators, and will reduce the number of outstanding shares while maintaining the market value. The company said the split is intended to increase liquidity, reduce administrative burdens and meet investors' preferences for high-priced stocks. Next Technology also outlines its broader restructuring strategy, which includes cost cuts and improved cash flow.