NextPlay Announces Reverse Stock Split Effective January 6, 2023, in Order to Meet Nasdaq Minimum Price Continued Listing Requirement

January 5, 2023

SUNRISE, FL, Jan. 05, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — NextPlay Technologies, Inc. (Nasdaq:NXTP), a digital native ecosystem for finance, digital advertisers, and video gamers, announced that its Board of Directors has declared a 1-for-20 reverse stock split of the company’s common stock. The reverse stock split will become effective on January 6, 2023 (the “Effective Date”) at 12:01 AM Pacific Time. The company’s common stock is expected to begin trading on a split-adjusted basis when the markets open on January 6, 2023, under the current Nasdaq trading symbol “NXTP”.

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