Know Labs, Inc. announced a 1-for-40 reverse stock split of its authorized and issued and outstanding shares of common stock. The reverse stock split was announced on February 18, 2025, and became effective as of the morning of February 19, 2025.
Following the split, the company’s common stock began trading on the OTC Pink Market on a post-split basis under the temporary symbol “KNWND” for twenty days, before reverting to “KNWN.” The Board of Directors approved this action to assist in regaining compliance with NYSE American listing criteria.
The company is currently appealing the NYSE American's delisting process, and the reverse stock split is a component of its efforts to maintain its listing. CEO Ron Erickson stated that the company believes this action is in its best interest to maintain its exchange listing.
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