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Sow Good Inc. Announces Reverse Stock Split
Freeze-dried food and candy manufacturer takes action to regain Nasdaq compliance
Apr. 17, 2026 at 9:08pm
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Sow Good's reverse stock split aims to boost the company's share price and maintain its Nasdaq listing.Irving TodaySow Good Inc., a freeze-dried food and candy manufacturer, announced that its Board of Directors has approved a 15-to-1 reverse stock split of its common stock, effective April 23, 2026. The reverse split was approved by shareholders and is being implemented to regain compliance with Nasdaq's minimum bid price requirement.
Why it matters
Sow Good is a publicly traded company, and the reverse stock split is a strategic move to maintain its Nasdaq listing after the company's share price fell below the $1 minimum. Reverse splits are a common tactic used by companies to boost their stock price and avoid delisting.
The details
The reverse stock split will combine every 15 shares of Sow Good's common stock into one share, reducing the total number of outstanding shares from 300,801,347 to 20,053,424. Fractional shares will be rounded up to the nearest whole share. Stockholders will maintain the same percentage ownership after the split.
- The reverse stock split will be effective at 5:00 pm Eastern Time on April 23, 2026.
- Sow Good's common stock will begin trading on a split-adjusted basis on April 24, 2026.
The players
Sow Good Inc.
A U.S.-based consumer packaged goods company that pioneered the freeze-dried candy category.
Sam Goldberg
Chief Executive Officer of Sow Good Inc.
What they’re saying
“This press release contains forward-looking statements.”
— Sam Goldberg, Chief Executive Officer
What’s next
The reverse stock split is expected to help Sow Good regain compliance with Nasdaq's minimum bid price requirement and maintain its public listing.
The takeaway
Reverse stock splits are a common tactic used by publicly traded companies to boost their share price and avoid delisting, but they can also be a sign of financial challenges. Sow Good's move highlights the competitive pressures and regulatory hurdles facing small-cap consumer brands.
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