Sequoia stock approves a 150 to 1 reverse split

Sequoia stock is preparing for a 150-to-1 reverse split after shareholders approved the measure on October 2, 2026. According to El Fondo, the new share format is scheduled to begin trading on November 3, 2026, while B3 granted Sequoia until November 15, 2026, to meet its minimum-price requirement.

Reverse split targets B3 compliance

The corporate action does not change Sequoia's share capital, which remains BRL 2.16 billion, according to El Fondo. The outstanding share count is set to fall from 6.37 billion to 42.47 million, while the economic and voting rights attached to the shares remain unchanged.

Shareholders can adjust their holdings into multiples of 150 through November 1, 2026. The last trading session before the reverse split takes effect is October 30, 2026, and remaining fractions are due to be grouped and sold in a B3 auction after the adjustment period.

Second-quarter loss narrows

Sequoia's latest operating figures show a sharp change in profitability. In Q2/2026, revenue reached BRL 137.767 million, up from BRL 127.763 million in Q1/2026, while the net loss narrowed to BRL 7.225 million from BRL 77.113 million, based on the figures published by Investing.com.

The comparison matters because the reverse split changes the quoted share count and price scale, not the company's underlying capital. The Q2 figures also show that revenue improved sequentially, while Sequoia remained loss-making on a consolidated basis.

November brings the next checkpoint

Investing.com lists November 17, 2026, as Sequoia's next earnings date. That report will give investors a fresh view of revenue, losses and the effect of the company's restructuring measures after the share consolidation.

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