NextPlat approves 1-for-10 reverse stock split; shares down

What: NextPlat announced a 1-for-10 reverse stock split to increase stock value.
Why: The company aims to make its shares more attractive to investors.
Signal: The move indicates NextPlat's efforts to reinvigorate its stock performance.
Target: The reverse split is expected to be effective on April 15, 2026.
Risk: Shareholders with less than **10** shares may be diluted by the split.