Core Viewpoint - Cre8 Enterprise Limited is implementing a reverse stock split to increase the per share trading price of its Class A Ordinary Shares to meet Nasdaq's minimum bid price requirement of $1.00 for continued listing [5]. Group 1: Reverse Stock Split Details - The reverse stock split will occur at an exchange ratio of one share for twelve shares, reducing the number of outstanding Class A Ordinary Shares from approximately 19,667,500 to about 1,638,959 [3]. - The reverse stock split was approved by the Company's Board of Directors on January 15, 2026 [1]. - The new CUSIP number for the Class A Ordinary Shares post-split will be G2R63D113, and trading will begin on February 13, 2026, under the ticker symbol "CRE" [2]. Group 2: Shareholder Information - Registered shareholders do not need to take any action regarding the reverse stock split, as they will receive book-entry shares instead of physical stock certificates [4]. - Fractional shares resulting from the split will not be issued; instead, they will be rounded up to the next whole number [3]. Group 3: Company Overview - Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a range of services from design to logistics [6]. - The company has expanded its offerings to include complementary design services and technological support for disseminating financial reports and announcements [6].
Cre8 Enterprise Limited Announces 1-for-12 Reverse Stock Split