What is the purpose of the 1-for-100,000 reverse stock split?

While not explicitly stated, reverse stock splits are typically implemented to increase the per-share trading price of a company's stock. This is often done to meet exchange listing requirements, attract institutional investors, or improve the stock's perception in the market. A split of this magnitude suggests a strong effort to consolidate a very large number of outstanding shares into a much smaller float.

What happens to my shares if I hold fewer than 100,000 shares before the reverse split?

If you hold fewer than 100,000 shares immediately prior to the reverse stock split, your shares will be converted into a cash payment. You will receive $0.00007 for each share you held. This effectively cashes out shareholders holding very small positions.

What happens to my shares if I hold 100,000 or more shares before the reverse split?

For shareholders holding 100,000 or more shares prior to the reverse stock split, any fractional shares that would result from the 1-for-100,000 split will be rounded up to the next whole share. This means you will receive a whole share for any fraction that would have been created.

When will the name and stock split take effect, and when can I expect to see the changes in my brokerage account?

The name change and the reverse stock split will become effective on September 23, 2026. The common stock is expected to trade on a split-adjusted basis on the OTCID Market starting September 24, 2026. Changes in your brokerage account may reflect shortly after the market opens on September 24, 2026, depending on your broker's processing times.

BRRN 8-K: Corporate Changes

01—Abstract

Summary

Summary of the 8-K filed September 16, 2026. Cited figures are marked; the original filing is the authoritative source.

Byrn, Inc. (BRRN) has filed an 8-K announcing significant corporate changes set to take effect on September 23, 2026.

Most notably, the company will undergo a substantial one-for-one-hundred-thousand (1-for-100,000) reverse stock split. This action is designed to dramatically reduce the number of outstanding shares. Additionally, the company will officially change its name to MEDO Technologies, Inc., and has applied to trade under the ticker symbol "MEDO".

This reverse stock split is an aggressive move that will impact all shareholders. Those holding fewer than 100,000 shares prior to the split will receive a nominal cash payment of $0.00007^a per share, effectively cashing them out. Holders of 100,000 or more shares will have fractional shares rounded up to the nearest whole share.

The adjusted trading is expected to commence on the OTCID Market on September 24, 2026, with a new CUSIP number. Investors should carefully consider the implications of this significant share consolidation.

02—Key points

Key Highlights

Company name change from Byrn, Inc. to MEDO Technologies, Inc. effective September 23, 2026.
Implementation of a 1-for-100,000 reverse stock split effective September 23, 2026.
Trading on a split-adjusted basis and potential ticker symbol change to 'MEDO' expected on September 24, 2026.
Shareholders holding less than 100,000 shares pre-split will receive cash payment of $0.00007 per share.
Shareholders holding 100,000 or more shares pre-split will have fractional shares rounded up.
New CUSIP number (099863201) assigned to the common stock post-split.
Byrn, Inc. is classified as an emerging growth company.

03—Questions

Frequently Asked Questions

What is the purpose of the 1-for-100,000 reverse stock split?
While not explicitly stated, reverse stock splits are typically implemented to increase the per-share trading price of a company's stock. This is often done to meet exchange listing requirements, attract institutional investors, or improve the stock's perception in the market. A split of this magnitude suggests a strong effort to consolidate a very large number of outstanding shares into a much smaller float.
What happens to my shares if I hold fewer than 100,000 shares before the reverse split?
If you hold fewer than 100,000 shares immediately prior to the reverse stock split, your shares will be converted into a cash payment. You will receive $0.00007 for each share you held. This effectively cashes out shareholders holding very small positions.
What happens to my shares if I hold 100,000 or more shares before the reverse split?
For shareholders holding 100,000 or more shares prior to the reverse stock split, any fractional shares that would result from the 1-for-100,000 split will be rounded up to the next whole share. This means you will receive a whole share for any fraction that would have been created.
When will the name and stock split take effect, and when can I expect to see the changes in my brokerage account?
The name change and the reverse stock split will become effective on September 23, 2026. The common stock is expected to trade on a split-adjusted basis on the OTCID Market starting September 24, 2026. Changes in your brokerage account may reflect shortly after the market opens on September 24, 2026, depending on your broker's processing times.

04—Continue

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