ZETA NETWORK GROUP ANNOUNCES REVERSE SHARE SPLIT
ZETAZETA(US:ZETA) Prnewswire·2026-03-09 10:00

Core Viewpoint - Zeta Network Group announced a reverse share split of 100 for 1 to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq [1] Company Overview - Zeta Network Group is a U.S.-listed digital infrastructure and financial technology company focused on merging traditional finance with the digital asset economy [1] - The company is developing a Bitcoin-centric institutional finance platform that includes digital asset treasury management, Bitcoin liquidity aggregation, and sustainable Bitcoin mining operations [1] Share Consolidation Details - The share consolidation will take effect on March 12, 2026, with Class A ordinary shares trading on a split-adjusted basis under the same symbol "ZNB" but with a new CUSIP number, G2287A142 [1] - The authorized share capital will change from USD$32,000,000 divided into 11,200,000,000 Class A shares at USD$0.0025 each and 1,600,000,000 Class B shares at USD$0.0025 each to USD$32,000,000 divided into 112,000,000 Class A shares at USD$0.25 each and 16,000,000 Class B shares at USD$0.25 each [1] - The total issued and outstanding Class A ordinary shares will decrease from 158,079,166 shares at USD$0.0025 per share to approximately 1,580,792 shares at USD$0.25 per share [1] Shareholder Impact - Each 100 Class A ordinary shares will automatically convert to one Class A ordinary share without any action required from shareholders [1] - No fractional shares will be issued; shareholders will receive one share in lieu of any fractional share resulting from the consolidation [1]

ZETA NETWORK GROUP ANNOUNCES REVERSE SHARE SPLIT - Reportify