Core Viewpoint - Decent Holding Inc. has announced a reverse share split of its Class A and Class B ordinary shares on a one-for-twenty-five basis to increase the market price per share and maintain its Nasdaq listing [1][2]. Group 1: Reverse Share Split Details - The reverse split will combine every twenty-five issued and outstanding Class A ordinary shares into one Class A ordinary share and the same for Class B ordinary shares [2]. - The par value of shares will increase from US$0.0001 to US$0.0025, with authorized share capital adjusted to US$50,000, comprising 19,800,000 Class A shares and 200,000 Class B shares [2]. - Post-split, the company expects to have approximately 1,615,103 Class A shares and 200,000 Class B shares outstanding [2]. Group 2: Shareholder and Administrative Information - No fractional shares will be issued; any entitlement to a fractional share will be rounded up to the nearest whole share [3]. - The reverse split was approved by shareholders at an extraordinary meeting held on February 23, 2026 [3]. - Transhare Corporation will act as the exchange agent for the share adjustments [4]. Group 3: Company Overview - Decent Holding Inc. specializes in wastewater treatment services, including industrial wastewater cleansing, ecological river restoration, and microbial products for pollutant removal [5].
Decent Holding Inc. Announces 1-for-25 Reverse Share Split Effective March 16, 2026