# NFT Ltd Announces 1-for-80 Reverse Stock Split

**Published:** 2026-05-07T00:06:50.000Z  
**Topic:** NFT  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/7fb48794-4507-4e8b-93d1-a1244e9c37e4

NFT Ltd. (MI) will execute a 1-for-80 reverse stock split effective May 18, 2026, reducing outstanding shares to approximately 230,986.

NFT Ltd. (NYSE American: MI) will consolidate its shares at a 1-for-80 ratio effective May 18, 2026, reducing outstanding Class A shares from approximately 18.5 million to roughly 230,986 [1]. The move aims to boost the per-share price to maintain listing compliance, though the company warns the post-split price may not hold the proportional increase [1].

| At a glance | |
|---|---|
| Split Ratio | 1-for-80 |
| Effective Date | May 18, 2026 |
| Post-Split Outstanding | ~230,986 |
| Pre-Split Outstanding | ~18.48M |

## Split mechanics and timing
Shareholders approved the reverse split on April 17, 2026, authorizing a ratio of up to 1-for-200, while the board subsequently set the final ratio at 1-for-80 on April 23 [1]. Trading on a split-adjusted basis is set to begin when the market opens on May 18, under the existing symbol "MI" but with a new CUSIP number, G6363T123 [1]. The par value of the shares will adjust to $0.04, and outstanding stock options and restricted shares will be proportionally reduced to reflect the consolidation [1]. Any fractional shares resulting from the split will be rounded up to the nearest whole share [1].

## Market positioning and liquidity
While the split is mathematically expected to lift the share price by roughly eighty times, NFT Ltd. stated it cannot guarantee the price will reflect that ratio or remain elevated [1]. Such aggressive reverse splits are often implemented to avoid delisting due to low share prices and can signal financial distress to investors [2]. Recent institutional positioning shows mixed sentiment, with UBS Group AG and Osaic Holdings adding shares in late 2025 and early 2026, while Wells Fargo and SBI Securities reduced their positions [2]. The company, formerly known as Takung Art Co., operates an electronic platform for trading digital artwork [1].

## What to watch
*   **May 18 Trading Open:** Monitor if the opening price aligns with the 80x theoretical increase or if immediate selling pressure occurs.
*   **Liquidity Impact:** Watch for volatility as the float shrinks to roughly 231,000 shares, which could exacerbate price swings.
*   **Certificate Exchange:** Shareholders must await a letter of transmittal from VStock Transfer LLC before exchanging old certificates [1].

The drastic reduction in share count is a compliance play, but the sustainability of the higher price point remains the primary uncertainty for investors.

## Sources
1. Globenewswire — [NFT LTD. ANNOUNCES 1 FOR 80 REVERSE SHARE SPLIT](https://www.globenewswire.com/news-release/2026/05/06/3289510/0/en/NFT-LTD-ANNOUNCES-1-FOR-80-REVERSE-SHARE-SPLIT.html)
2. Quiverquant — [NFT Ltd. Announces 1-for-80 Reverse Share Split Effective May 18, 2026 | MI Stock News](https://www.quiverquant.com/news/NFT+Ltd.+Announces+1-for-80+Reverse+Share+Split+Effective+May+18,+2026)

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Cite as: TrendWatcher, "NFT Ltd Announces 1-for-80 Reverse Stock Split", https://www.trendwatcher.in/article/7fb48794-4507-4e8b-93d1-a1244e9c37e4