Core Viewpoint - New Century Logistics (BVI) Limited plans to implement a 1-for-8 reverse stock split on its common stock, effective November 14, 2025, pending Nasdaq requirements [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will convert every 8 shares of the Company's common stock into 1 share, with no fractional shares issued; any fractions will be rounded up to the next whole number [3]. - The Board of Directors approved the reverse stock split on October 3, 2025, and no stockholder approval is required under BVI law [4]. Group 2: Share Structure Changes - Following the reverse stock split, the authorized number of shares will be reduced from 100,000,000 to 12,500,000 shares, maintaining the same par value per share [4]. Group 3: Company Overview - New Century is an international freight forwarding and logistics service provider, assisting clients with importing and exporting goods, including air freight export shipments to North America, Europe, and Asia [5].