Sadot Group Inc. Announces 1-for-20 Reverse Stock Split

Sadot Group Inc. announced a 1-for-20 reverse stock split of its common stock, effective May 27, 2026. This action is intended to comply with Nasdaq's minimum bid price requirement of $1.00 per share. The reverse split will reduce the number of issued and outstanding shares from approximately 14.8 million to 744,000, and authorized shares will be reduced from 250 million to 12.5 million. Proportional adjustments will be made to stock options, warrants, and equity incentive plans. Fractional shares will be settled in cash. The company's common stock will continue trading under the symbol "SDOT" on The Nasdaq Capital Market. This move aims to ensure continued listing on Nasdaq.