Nextplay announces reverse stock split effective january 6, 2023, in order to meet nasdaq minimum price continued listing requirement

Sunrise, fl, jan. 05, 2023 (globe newswire) -- via  newmediawire -- nextplay technologies, inc. (nasdaq: nxtp), a digital native ecosystem for finance, digital advertisers, and video gamers, announced that its board of directors has declared a 1-for-20 reverse stock split of the company's common stock. the reverse stock split will become effective on january 6, 2023 (the “effective date”) at 12:01 am pacific time. the company's common stock is expected to begin trading on a split-adjusted basis when the markets open on january 6, 2023, under the current nasdaq trading symbol “nxtp”.
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