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One of the biggest reasons companies do a reverse stock split is to avoid being delisted from a major stock exchange like the NYSE or Nasdaq. These exchanges have minimum price requirements, often around $1 per share. If a company's stock price stays below this threshold for too long, they risk getting kicked off the exchange. Being delisted can be a *major* blow to a company's reputation and can make it harder to raise capital. A reverse split can artificially boost the stock price, helping the company meet the minimum requirement and stay listed. This strategic maneuver buys the company time and access to capital markets, but it doesn't solve the underlying issues that caused the low stock price in the first place. Therefore, investors should view this as a temporary fix rather than a long-term solution.
