Sequoia approves 150-to-1 reverse split for Sequoia stock

Published on 10/16/2026 at 00:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sequoia approved a 150-to-1 reverse split on October 2, 2026. The measure affects Sequoia stock and cuts 6.37 billion shares to 42.47 million.

Corporate action and earnings

At the October 2, 2026 meeting, shareholders approved a 150-to-1 reverse split.
Second-quarter revenue reached BRL 137.77 million, while net loss was BRL 7.23 million.
Grouped shares are scheduled to begin trading on November 3, 2026.

Sequoia, BRSEQLACNOR2, Illustration mit AI erstellt.

Sequoia stock (ISIN BRSEQLACNOR2) approved a 150-to-1 reverse stock split at a shareholder meeting on October 2, 2026, according to El Fondo. The measure is designed to address the B3 minimum price requirement and will reduce the share count from 6.37 billion to 42.47 million.

Reverse split changes share count

The grouped shares are scheduled to begin trading on November 3, 2026. The company will keep its share capital at BRL 2.16 billion, while shareholders can adjust positions into multiples of 150 through November 1, 2026, according to El Fondo.

Three events shape Sequoia

Sequoia sold e-commerce assets for USD 7.50 million on April 22, 2026, as listed by Investidor10. On August 31, 2026, second-quarter revenue was BRL 137.77 million and net loss was BRL 7.23 million, according to Investing.com. The October 2, 2026 vote then set the 150-to-1 reverse split, making the capital action the latest step in the sequence.

What does the split change?

The reverse split changes the number of shares and the quoted price per share, but the published terms keep the companys share capital unchanged at BRL 2.16 billion. The practical test arrives on November 3, 2026, when trading begins on the grouped basis and the company seeks to meet the B3 threshold.

Key dates for shareholders

The next two stated dates are November 3, 2026, when grouped shares begin trading, and November 15, 2026, the extended deadline for meeting the B3 minimum-price requirement, according to El Fondo. The adjustment period ends on November 1, 2026, one date before the new share format starts.

Stock quote and company scale

On B3, Sequoia was quoted at BRL 0.06 on October 15, 2026 at 5:07 p.m. BRT, after the market closed. The quote stood 20.00 percent above the BRL 0.05 52-week low, while the companys market capitalization was BRL 3.8 million on the same date.