Can-Fite BioPharma Approves 1-for-3,000 Reverse Split Following Shareholder Approval
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
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Source: Globenewswire
- Reverse Split Decision: Can-Fite BioPharma's Board approved a 1-for-3,000 reverse split following shareholder approval on November 10, 2025, effective January 2, 2026, aiming to enhance share price to meet listing requirements.
- ADS Ratio Adjustment: Concurrently, the ADS ratio will change from 1:300 to 1:2, which is expected to proportionally increase the ADS price, although the company cannot assure that the price will reach twenty times the pre-split level, indicating a focus on improving market performance.
- Authorized Shares Reduction: Post-reverse split, the authorized number of ordinary shares will decrease from 42 billion to 14 million, reflecting the company's efforts to optimize its capital structure to enhance investor confidence and attract more investments.
- Market Reaction Expectations: While the reverse split and ADS ratio change will not affect shareholders' ownership percentages or voting power, they may trigger short-term stock price volatility due to market expectations of the new share price, showcasing the company's flexibility in addressing market challenges.
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Analyst Views on CANF
Wall Street analysts forecast CANF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CANF is 2.50 USD with a low forecast of 2.50 USD and a high forecast of 2.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 4.100
Low
2.50
Averages
2.50
High
2.50
Current: 4.100
Low
2.50
Averages
2.50
High
2.50
About CANF
Can Fite Biopharma Ltd is an Israel-based clinical-stage biopharmaceutical company engaged in developing orally bioavailable small molecule therapeutic products for the treatment of cancer, liver and inflammatory diseases and erectile dysfunction. The Company co-develop formulations of cannabis components for the treatment of cancer, inflammatory, autoimmune, and metabolic diseases. Its technology utilizes the Gi protein associated A3AR as a therapeutic target. A3AR is expressed in inflammatory and cancer cells, and not significantly expressed in normal cells, suggesting that the receptor could be a target for pharmacological intervention.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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