ZOOZ Faces Nasdaq Halt, Reverse Split and Bitcoin Move on Monday
Nasdaq halted trading in ZOOZ Strategy Ltd. shares and warrants Friday evening with a T1 code, pending news. ZOOZ is set to begin trading post–1-for-20 reverse split on June 1, keeping its ticker but changing its CUSIP. Shares closed at $0.3040 before the halt, implying a $6.08 price after adjustment. The company holds 1,046 Bitcoin, purchased at an average of $112,745 each.
