Garden Stage Limited Announces 200 for 1 Share Consolidation of Class A Shares

Core Viewpoint - Garden Stage Limited is consolidating its Class A shares on a 200 for 1 ratio to regain compliance with Nasdaq listing requirements, effective March 6, 2026 [2][3]. Group 1: Share Consolidation Details - The consolidation will convert every 200 Class A Shares into one Class A Share with a par value of US$0.02, without requiring action from shareholders [3]. - Fractional shares resulting from the consolidation will be cancelled and returned to the pool of authorized but unissued shares [3]. - Prior to the consolidation, there are 282,485,623 Class A Shares and 9,250,000 Class B Shares outstanding [4]. Group 2: Post-Consolidation Share Structure - After the consolidation, the total number of issued and outstanding Class A Shares will be approximately 1,412,428, while the number of Class B Shares will remain at 9,250,000 [4]. Group 3: Company Overview - Garden Stage Limited is a financial services provider based in Hong Kong, primarily engaged in placing and underwriting services, securities dealing and brokerage services, and asset management services [1]. - The company operates through two wholly-owned subsidiaries: I Win Securities Limited and I Win Asset Management Limited, both licensed under the Securities and Futures Ordinance in Hong Kong [5].