Power REIT to implement one-for-ten reverse stock split effective June 2, 2026
Power REIT's Board of Trustees approved a one-for-ten reverse stock split of its common stock, with every ten outstanding shares converted into one share at 5:00 p.m. Eastern Time on June 2, 2026. The company said the split applies to all outstanding shares and does not change any stockholder's relative ownership, apart from small changes from cash payments for fractional shares, and that no stockholder vote is required.
Key points
- Effective time: 5:00 p.m. Eastern Time, June 2, 2026; every ten shares become one share
- Split-adjusted trading under the symbol PW on NYSE American expected at market open on June 3, 2026, with new CUSIP 73933H309
- No fractional shares issued; holders receive cash for fractions based on the June 2, 2026 closing price, without interest
- Approved by the Board under Maryland General Corporation Law; no stockholder approval required
The filing
Written by AI on Nov 9, 2026, 8:38 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 May 19, 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.