AVAX One Restores Nasdaq Compliance with 1-for-12 Reverse Stock Split

Avalanche Treasury Firm AVAX One Restores Nasdaq Listing Compliance

The crypto treasury firm AVAX One Technology has regained compliance with Nasdaq stock exchange listing rules, resolving a regulatory issue that had kept their operations under scrutiny.

To achieve the required compliance levels, AVAX One carried out a 1-for-12 reverse stock split on June 15, reducing the supply of outstanding shares from over 92.3 million to just under 7.7 million units.

The firm holds approximately 14 million Avalanche (AVAX) tokens in its treasury, generating an estimated 6% annual net yield through on-chain staking protocols.