Accuray Sets 1-for-40 Reverse Split to Seek Nasdaq Compliance
Accuray announced on November 4, 2026 that its board had approved a 1-for-40 reverse stock split, intending to increase the common stock's per-share trading price and enable the company to regain compliance with the Nasdaq Capital Market's minimum bid-price requirement. The Form 8-K filed the same day dates the board's approval to October 28, 2026. The split is scheduled to take effect at 12:02 a.m. Eastern Time on November 9, 2026, with split-adjusted trading expected when Nasdaq opens that…