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AI brief of an SEC Form 8-K · ACCURAY INC (ARAY)

Accuray announces 1-for-40 reverse stock split, effective November 9, 2026

Neutral Impact 3 of 5 shareholder Written later

Accuray's board approved a 1-for-40 reverse stock split of its common stock, effective at 12:02 a.m. Eastern Time on November 9, 2026, with shares continuing to trade on Nasdaq under ARAY. The press release says the split is intended to raise the per-share trading price and help the company regain compliance with Nasdaq's minimum bid price requirement; shareholders keep the same percentage ownership, except for cash paid in lieu of fractional shares.

Key points

  • Every 40 shares of common stock will combine into one share; outstanding shares fall from approximately 120.2 million to approximately 3.0 million.
  • Authorized common stock falls from 400,000,000 to 10,000,000 shares; new CUSIP is 004397 303.
  • Trading on a split-adjusted basis begins when Nasdaq opens on November 9, 2026; Computershare is the exchange agent.

The filing

CompanyACCURAY INC (ARAY)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:16 PM ET
Accession number0001437749-26-034951

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.