ZOOZ Faces Nasdaq Halt, Reverse Split and Bitcoin Move on Monday
ZOOZ Strategy Ltd. shares and warrants on Nasdaq stopped trading at 7:50 p.m. Eastern on Friday, according to Nasdaq’s halt feed, which flagged both securities with a T1 code. T1 signals a news pending halt, meaning trading pauses until key information comes out. The question is open ahead of the Monday open. ZOOZ is set to start trading after its reverse split on both Nasdaq and the Tel Aviv Stock Exchange starting June 1. The ticker will remain ZOOZ, but the CUSIP will change, according to NASDAQ Trader.