Impact BioMedical Announces Reverse Stock Split To Advance Merger With Zoar Ltd.
Impact BioMedical (IBO) will execute a 1-for-12.62 reverse stock split on September 23, 2026, to facilitate its merger with Zoar Ltd. The split aims to meet listing standards and support the merger, which will give IBO shareholders one Zoar share for every four IBO shares held. IBO's stock closed at $0.46 on September 11, 2026, and was at $0.43 in pre-market trading.
