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Lifeward Announces Reverse Share Split
Globenewswire· 2026-02-20 13:00
Reverse split initiated as Lifeward enters strategic partnership agreement and repositions as MedTech innovation companyHUDSON, Mass. and YOKNEAM ILLIT, Israel, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Lifeward Ltd. (Nasdaq: LFWD) (“Lifeward” or the “Company”), a global leader in innovative medical technology designed to transform the lives of people with physical limitations or disabilities, today announced that effective with the open of the market on February 24, 2026, the Company will complete a 1-for-12 rever ...
Republic Power Group Limited Announces 1-For-20 Reverse Share Split
Prnewswire· 2026-02-19 18:14
Core Viewpoint - Republic Power Group Limited announced a 1-for-20 reverse share split for its Class A and Class B ordinary shares, effective February 23, 2026, to comply with Nasdaq's minimum bid price requirement of $1.00 per share [1]. Group 1: Reverse Share Split Details - The reverse share split will adjust the Class A Ordinary Shares' par value from $0.000625 to $0.0125 per share, with trading on Nasdaq continuing under the symbol "RPGL" [1]. - The number of issued and outstanding Class A Ordinary Shares will decrease from 62,025,000 to approximately 3.1 million shares, subject to adjustments for fractional shares [1]. - No fractional shares will be issued; all fractional interests will be rounded up to the nearest whole number of Class A Ordinary Shares [1]. Group 2: Company Background - Republic Power Group Limited is based in Singapore and specializes in developing customized enterprise resource planning (ERP) software solutions, consulting, technical support services, and peripheral hardware [1].
TIAN RUIXIANG Holdings Ltd. Announces Results of Annual General Meeting and Approval of 1-for-50 Reverse Share Split
Globenewswire· 2026-02-18 17:00
Core Viewpoint - TIAN RUIXIANG Holdings Ltd. has announced significant corporate actions following its annual general meeting, including an increase in authorized share capital and the implementation of a reverse share split [1][2]. Group 1: Shareholder Approvals - The shareholders approved an increase in the Company's authorized share capital to US$3,750,000,000 [1]. - The Board of Directors was granted authority to effect a reverse share split at a ratio between 1-for-2 and 1-for-5,000 [1]. Group 2: Reverse Share Split Implementation - The Board of Directors has approved a reverse share split at a ratio of 1-for-50 [2]. - Upon the effectiveness of the reverse split, every fifty existing Class A and Class B ordinary shares will be combined into one ordinary share, with fractional shares rounded up to the next whole share [3]. - Further details regarding the effective date and new CUSIP number will be disclosed in a subsequent announcement [3]. Group 3: Company Overview - TIAN RUIXIANG Holdings Ltd. is an insurance broker based in Beijing, China, operating through a variable interest entity [4]. - The company distributes a wide range of insurance products, categorized into property and casualty insurance and other types of insurance, including health and life insurance [4].
Everbright Digital Holding Limited Announces 1-for-16 Reverse Share Split Effective February 9, 2026
Globenewswire· 2026-02-05 12:00
HONG KONG, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Everbright Digital Holding Limited (Nasdaq: EDHL) ("EDHL" or "we," "our," or the "Company"), an integrated marketing solutions provider headquartered in Hong Kong, today announced that on January 16, 2026, its board of directors approved a reverse split of its ordinary shares on a one-for-sixteen basis (the “Reverse Share Split”), and a change in par value of its ordinary shares from USD 0.00004 per share to USD 0.00064 par value per share. The Company’s ordinary ...
ZOOZ Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-12-22 21:30
Core Viewpoint - ZOOZ Strategy Ltd. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, but this does not currently affect its listing status on the Nasdaq Capital Market [1][3]. Compliance and Listing Status - Nasdaq Listing Rule 5550(a)(2) mandates that listed securities maintain a minimum bid price of US$1.00 per share, and a deficiency exists if this requirement is not met for 30 consecutive business days [2]. - The company has until June 15, 2026, to regain compliance by ensuring its ordinary shares have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days [3]. Business Operations - The receipt of the Notification Letter does not impact the company's business operations [4]. - The company plans to monitor its share price and may consider options such as a reverse share split to regain compliance with Nasdaq's minimum bid price requirement [4]. Company Overview - ZOOZ is the first dual-listed company on Nasdaq and TASE implementing a long-term Bitcoin treasury strategy, aiming to provide shareholders with long-term exposure to Bitcoin while adhering to financial and regulatory standards [5].
Springview Announces 1-for-8 Reverse Share Split Effective December 2, 2025
Globenewswire· 2025-11-26 22:15
Core Viewpoint - Springview Holdings Ltd has announced a reverse share split of its Class A ordinary shares on a one-for-eight basis, effective December 2, 2025, to increase the market price per share and maintain its Nasdaq listing [1][2]. Group 1: Reverse Share Split Details - The reverse share split will combine every eight pre-split Class A ordinary shares into one post-split share, changing the par value from US$0.0001 to US$0.0008 [2]. - The total number of issued and outstanding Class A ordinary shares will decrease from 13,217,629 to approximately 1,652,204 shares [2]. - No fractional shares will be issued; any entitlement to a fractional share will be rounded up to the nearest whole share [3]. Group 2: Trading and Administrative Information - Post-split, the Class A ordinary shares will continue to trade on the Nasdaq under the symbol "SPHL" with a new CUSIP number G83761117 [2]. - VStock Transfer, LLC will act as the exchange agent for the reverse share split, and adjustments to physical stock certificates can be made upon surrender to the transfer agent [4]. Group 3: Company Overview - Springview Holdings Ltd specializes in designing and constructing residential and commercial properties in Singapore, with operations dating back to 2002 [5]. - The company offers a comprehensive range of services, including design, construction, furniture customization, project management, and post-project services [5].
Meihua International Announces 1-For-100 Reverse Share Split
Globenewswire· 2025-11-19 21:05
Core Points - Meihua International Medical Technologies Co., Ltd. announced a reverse share split at a ratio of 1-for-100, effective November 24, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 per share [1][2][4] Group 1: Reverse Share Split Details - The reverse share split will change the par value of Class A ordinary shares from $0.0005 to $0.05 per share [2] - The number of issued and outstanding Class A ordinary shares will decrease from approximately 56 million to approximately 0.56 million [4] - No fractional shares will be issued; fractional interests will be rounded up to the nearest whole number [3] Group 2: Shareholder Information - VStock Transfer, LLC is designated as the exchange agent and will provide instructions to shareholders regarding the exchange of share certificates [5][6] - Shareholders holding shares in book-entry form or brokerage accounts do not need to take any action for the reverse share split [5] Group 3: Company Overview - Meihua is a manufacturer of Class I, II, and III disposable medical devices, with over 1,000 products for domestic sales and more than 120 products exported to over 30 countries [7] - The company has received international "CE" certification and ISO 13485 system certification, and is registered with the FDA for over 20 Class I products [7]
LXP Industrial Trust Completes Reverse Share Split
Globenewswire· 2025-11-10 22:09
Core Points - LXP Industrial Trust completed a reverse split of its common shares at a ratio of 1-for-5, effective after the close of business on November 10, 2025 [1][2] - The number of outstanding common shares was reduced from approximately 295.8 million to approximately 59.2 million shares, with no significant impact on shareholders' ownership percentages [2] - Trading of LXP's common shares on a split-adjusted basis will commence on November 11, 2025, under the same NYSE symbol "LXP" but with a new CUSIP number [3] - The quarterly dividend will increase from $0.14 to $0.70 per share after the reverse share split, applicable for shareholders of record as of December 31, 2025 [3] Company Overview - LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments across 12 target markets in the Sunbelt and lower Midwest [5] - The company aims to expand its portfolio through various strategies, including acquisitions, build-to-suit transactions, sale-leaseback transactions, and development projects [5]
NLS Pharmaceutics Ltd. Announces 1-for-10 Reverse Share Split and Name Change in Connection with Proposed Merger with Kadimastem
Prnewswire· 2025-10-29 10:00
Core Points - NLS Pharmaceutics Ltd. plans to execute a reverse share split at a ratio of 1-for-10, effective on October 30, 2025, in conjunction with a merger with Kadimastem Ltd. [1][2] - Following the reverse split, the company's common shares will trade under the new symbol "NCEL" starting October 31, 2025 [1][2] - The reverse split will also apply to preferred shares and preferred participation certificates at the same 1-for-10 ratio [3] Company Structure Post-Merger - After the reverse split and merger, the company's registered capital will consist of CHF 282,908.80, divided into 5,533,183 common shares and 124,993 preferred shares, among other capital structures [4] - The total outstanding common shares will be 4,558,378, with additional shares issuable upon the exercise of pre-funded warrants [6] Shareholder Impact - No fractional shares will be issued; instead, cash will be provided for any fractional shares resulting from the reverse split [5] - The reverse split will not affect shareholders' percentage ownership or voting power, aside from minor adjustments due to fractional shares [5]
Fusion Fuel Green PLC Announces Reverse Share Split to Regain Compliance with Nasdaq’s Minimum Bid Price Rule
Globenewswire· 2025-07-10 12:00
Core Points - Fusion Fuel Green PLC announced a 1-for-35 reverse share split of its Class A Ordinary Shares to regain compliance with Nasdaq's minimum bid price requirement [3][4] - The reverse share split will take effect on July 14, 2025, with the new CUSIP number being G3R25D 209 [2] - Following the reverse share split, the number of issued and outstanding Class A Ordinary Shares will decrease from approximately 27,418,159 to approximately 783,376 [5] Company Actions - The board of directors approved the reverse share split on June 25, 2025, during the Annual General Meeting [4] - Shareholders also approved an increase in the Company's authorized share capital to ensure 100,000,000 authorized Class A Ordinary Shares post-split [4][5] - The nominal value of each Class A Ordinary Share will be adjusted to $0.0035 as a result of the reverse share split [5] Shareholder Information - No fractional shares will be issued; any resulting fractional shares will be rounded up to the nearest whole share [6] - Registered shareholders will not need to take action to receive their post-split shares, and those holding shares electronically will see the changes reflected automatically [6] Company Overview - Fusion Fuel Green PLC is an energy company providing engineering, advisory, and fuel distribution solutions, actively expanding into new sectors and geographies [8]