GIBO Holdings Limited Announces Effective Date of Share Consolidation

Core Viewpoint - GIBO Holdings Limited announced a 200-for-1 share consolidation of its Class A and Class B ordinary shares, effective August 20, 2025, aiming to increase the market price per share [2][4]. Share Consolidation Details - The extraordinary general meeting on August 6, 2025, approved the consolidation, where every 200 shares will be consolidated into one share, changing the par value from US$0.000001 to US$0.0002 for both Class A and Class B shares [2]. - The consolidation will affect all issued and outstanding ordinary shares, adjusting the number of shares issuable upon the exercise of warrants and increasing their exercise prices proportionately [3]. - No fractional shares will be issued; entitlements will be rounded up to the nearest whole share for shareholders entitled to a fractional share [3]. Shareholder Impact - Registered shareholders will not need to take any action to receive post-consolidated shares, and those holding shares through brokers or other nominees will have their positions automatically adjusted [5]. Company Overview - GIBO Holdings Limited operates as an integrated AIGC animation streaming platform, serving approximately 86 million registered users across Asia, focusing on AI-generated animation content [6].