Toppoint plans 1-for-5 reverse stock split

Toppoint Holdings said it plans to complete a 1-for-5 reverse stock split by Nov. 23, or as soon as possible after that date. The move follows a halt in trading of the company’s shares by NYSE American over a compliance concern tied to its share price.

November 13, 2026, 12:09 AM 620 0

Toppoint plans 1-for-5 reverse stock split

In a securities filing Thursday, Toppoint said NYSE American had told the company it was out of compliance because of its low share price. The exchange halted trading in Toppoint shares on Tuesday. FactSet data showed the stock last traded at 11 cents that day.

Toppoint, a trucking company focused on the recycling export supply chain, said shareholders approved one or more reverse stock splits in September.

When reusing this material a link to Money Talk is required.