U.S. Options

Nakamoto Inc. (NAKA) has announced a reverse stock split effective for Friday, May 22, 2026.

NAKA1 will be available for trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Sapphire Options Exchange on Friday, May 22, 2026. NAKA1 will not be available for trading on the MIAX Emerald Options Exchange.

No options on the underlying NAKA will be available for trading on Friday, May 22, 2026.

All GTC orders resting on the MIAX order books in NAKA will be canceled at the close of business on Thursday, May 21, 2026.

NAKA will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Tuesday, May 26, 2026.

Please Note:

• NAKA1 options will trade on Cloud 13 on the MIAX Options Exchange, on Cloud 6 on the MIAX Pearl Options Exchange and on Cloud 4 on the MIAX Sapphire Options Exchange.

Market Makers can use the Member Firm Portal (MFP) to manage their option class assignments. 

• NAKA should be used for class assignments in NAKA1 via MFP

All LMM and RMM Option Class Assignments must be entered prior to 6:00 PM ET on the business day immediately preceding the effective date.  All changes made after 6:00 PM ET on a given day will be effective two trading days later.

MIAX Options and MIAX Emerald Primary Lead Market Maker (PLMM) assignments and un-assignments will not be supported via the MFP. 
 
Additional details about the above Nakamoto Inc. (NAKA) reverse split are provided in the attached OCC Memo.

Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.