Financial Data and Key Metrics Changes - The meeting confirmed that a majority of votes were cast in favor of the reverse stock split proposal and the adjournment proposal, indicating shareholder support for these strategic decisions [8]. Business Line Data and Key Metrics Changes - No specific business line data or key metrics were discussed during the meeting. Market Data and Key Metrics Changes - No specific market data or key metrics were provided during the meeting. Company Strategy and Development Direction - The company intends to implement a reverse stock split by a ratio of not less than one for five and not more than one for thirty, with the exact ratio to be determined by the Board of Directors [5]. Management's Comments on Operating Environment and Future Outlook - Management indicated that the decision regarding the reverse stock split will be made at a time deemed necessary by the Board of Directors, emphasizing the flexibility in timing [9]. Other Important Information - The meeting was held virtually to enhance accessibility for shareholders, and a quorum was established with 22,631,128 shares present, representing 46.13% of the outstanding voting stock [4]. Q&A Session Summary Question: When would the company decide to do the reverse stock split and what number of shares would be reduced to? - Management stated that the decision will be determined by the Board of Directors in their sole discretion, with the implementation occurring before the deadline if the vote is favorable [9].

Financial Data and Key Metrics Changes - The meeting confirmed the approval of a reverse stock split of the company's common stock by a ratio of not less than one for five and not more than one for thirty, with the exact ratio to be determined by the Board of Directors [5][8]. Company Strategy and Development Direction - The company intends to implement the reverse stock split to potentially enhance the stock's marketability and attract institutional investors, although the specific timing and ratio will be decided at the Board's discretion [9]. Management's Comments on Operating Environment and Future Outlook - Management indicated that the decision regarding the reverse stock split will be made when deemed necessary, emphasizing the importance of timing and market conditions [9]. Other Important Information - A quorum was established with 22,631,128 shares present, representing 46.13% of the outstanding voting stock [4]. - The results of the voting will be disclosed in a current report on Form 8-K within four business days of the meeting [9]. Q&A Session Summary Question: When would the company decide to implement the reverse stock split and determine the number of shares to reduce it to? - Management stated that the decision will be made by the Board of Directors at the appropriate time, with the intention to act before any deadlines [9].

Financial Data and Key Metrics Changes - A majority of votes were cast in favor of the approval of the reverse stock split proposal and the adjournment proposal, indicating shareholder support for these strategic decisions [9][10]. Business Line Data and Key Metrics Changes - No specific business line data or key metrics were discussed during the meeting [0]. Market Data and Key Metrics Changes - No specific market data or key metrics were provided during the meeting [0]. Company Strategy and Development Direction and Industry Competition - The company plans to implement a reverse stock split by a ratio of not less than one for five and not more than one for thirty, with the exact ratio to be determined by the Board of Directors [7]. Management's Comments on Operating Environment and Future Outlook - Management indicated that the decision regarding the reverse stock split will be made at a time deemed necessary by the Board of Directors, emphasizing the importance of timing in this strategic move [12]. Other Important Information - The meeting was conducted virtually to enhance accessibility for shareholders, and a quorum was established with 46.13% of the outstanding voting stock present [6]. Q&A Session All Questions and Answers Question: When would you decide to do the reverse split? And when would you decide what number of shares to reduce it to? - The decision will be determined by the Board of Directors in their sole discretion, with the implementation expected to occur before the deadline [12]. Question: Do we have any further questions? - No further questions were received, and the Q&A portion of the meeting was closed [13].

Core Insights - WORK Medical Technology Group LTD executed a reverse stock split at a ratio of 100 for 1 on October 21, 2025, to comply with Nasdaq Marketplace Rule 5550(a)(2) [1] - The reverse stock split was endorsed by the company's shareholders and board of directors, consolidating every 100 shares into one share while maintaining the same trading symbol on the Nasdaq [1] - Following the split, the stock price increased to $4.02, a rise of 12.05% or $0.43, with fluctuations between $3.50 and $4.10 on the reporting day [2] - The company's market capitalization is approximately $229.3 million, with a trading volume of 197,832 shares, indicating a strategic initiative to stabilize stock price and secure Nasdaq listing [2]

Core Viewpoint - Nuvini Group Limited (NVNI) has executed a reverse stock split at a ratio of 10 for 1, significantly altering its stock structure while maintaining its market capitalization around $10.85 million [1][2]. Group 1: Stock Structure Changes - On October 6, 2025, NVNI consolidated every ten shares into one, reducing outstanding shares from over 100 million to approximately 10 million [1]. - The reverse stock split does not change the company's market capitalization but affects the stock price and share count [2]. - NVNI continues to trade under the same symbol, with a new CUSIP number assigned [3]. Group 2: Stock Performance - NVNI's stock is currently priced at $3.14, reflecting a slight increase of 0.29% or $0.009 [2]. - The stock has fluctuated between $2.84 and $3.40 on the day of the split, indicating market reactions [2]. - Over the past year, NVNI's stock has shown significant volatility, with a high of $12.19 and a low of $0.144 [4]. Group 3: Investor Engagement - The trading volume for NVNI stands at 1,040,941 shares, indicating active investor interest and engagement with the stock [4]. - Shareholders will see their positions automatically adjusted to reflect the reverse split, with no fractional shares issued [3].

Financial Data and Key Metrics Changes - The company reported a significant disconnect between its asset value and public market valuation, prompting the Board to explore strategic alternatives to maximize shareholder value [11] - The decision to seek authorization for a reverse stock split was made to ensure compliance with NASDAQ requirements, which may have negatively impacted the share price [12] Business Line Data and Key Metrics Changes - No specific data on individual business lines was provided during the meeting Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting Company Strategy and Development Direction - The company is pursuing all options to maximize shareholder value, including potential strategic alternatives [11] - The reverse stock split proposal was approved, indicating a strategic move to enhance market perception and compliance [21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the disconnect between asset value and market valuation, indicating a proactive approach to address these issues [11] - The management emphasized the importance of the reverse stock split in the context of NASDAQ compliance and long-term shareholder value [12] Other Important Information - The meeting was conducted virtually, and shareholders were encouraged to submit questions throughout the session [3][4] - The proposals discussed included a reverse stock split and an increase in authorized common stock, both of which were approved [21] Q&A Session Summary Question: Has the Board engaged advisors to explore strategic alternatives to maximize value for shareholders? - The Board and management are pursuing all options to maximize shareholder value [11] Question: Can the Board explain the strategic rationale behind the reverse stock split decision and its timing? - The decision was made to ensure compliance with NASDAQ requirements within the grace period [12] Additional Information - Any further questions not addressed during the meeting will be responded to via the investor relations inbox [13]

Financial Data and Key Metrics Changes - The company reported a quorum present for the meeting, indicating at least 33% of shares were represented [7] - The proposals discussed included a reverse stock split and an increase in authorized common stock, both of which were approved by shareholders [21] Business Line Data and Key Metrics Changes - No specific data on individual business lines was provided during the meeting [9] Market Data and Key Metrics Changes - The decision to seek authorization for a reverse stock split was noted as having sent a negative signal to the market, impacting share price recovery [12] Company Strategy and Development Direction - The Board and management are exploring all strategic alternatives to maximize shareholder value, including the potential sale of the company [11] - The reverse stock split was strategically timed to ensure compliance with NASDAQ requirements [12] Management Comments on Operating Environment and Future Outlook - Management emphasized that forward-looking statements made during the meeting are subject to risks and uncertainties that could lead to actual results differing from projections [10] Other Important Information - The meeting was conducted virtually, and shareholders were encouraged to submit questions via an online platform [3][4] - The company plans to address any unanswered questions through their investor relations email [13] Q&A Session Summary Question: Has the Board engaged advisors to explore strategic alternatives due to the disconnect between asset value and market valuation? - The Board and management are pursuing all options to maximize shareholder value [11] Question: Can the Board explain the strategic rationale behind the reverse stock split decision and its timing? - The decision was based on ensuring compliance with NASDAQ's grace period for a reverse stock split [12] Question: Were there any further questions from shareholders? - No additional questions were posed during the meeting [19]

Financial Data and Key Metrics Changes - The meeting discussed the approval of a reverse stock split proposal and an increase in authorized common stock, indicating a strategic move to enhance shareholder value [12][22]. Business Line Data and Key Metrics Changes - Specific financial performance metrics for different business lines were not disclosed during the meeting, as management indicated they could not answer questions related to third-quarter performance [10]. Market Data and Key Metrics Changes - The company acknowledged a significant disconnect between its asset value and public market valuation, prompting discussions about exploring strategic alternatives [12]. Company Strategy and Development Direction - The Board and management are actively pursuing all options to maximize shareholder value, including the potential sale of the company [12]. - The decision to seek a reverse stock split was strategically aligned with ensuring compliance with NASDAQ requirements, reflecting a focus on long-term shareholder value [13]. Management Comments on Operating Environment and Future Outlook - Management emphasized that forward-looking statements made during the meeting are based on current expectations and are subject to risks and uncertainties that could lead to actual results differing materially from projections [11]. Other Important Information - The meeting was conducted virtually, and shareholders were encouraged to submit questions via an online platform, with a commitment to address as many as possible within the allotted time [3][10]. Q&A Session Summary Question: Has the Board engaged advisors to explore strategic alternatives to maximize value for shareholders? - The Board and management are pursuing all options to maximize shareholder value [12]. Question: Can the Board explain the strategic rationale behind the reverse stock split decision and its timing? - The decision was based on ensuring compliance with NASDAQ processes and timelines, allowing for the option of a reverse stock split within the grace period [13].

Financial Data and Key Metrics Changes - The meeting reported the election of directors and the approval of an amendment to the stock option plan, indicating a stable governance structure and potential for future growth [7][8]. Business Line Data and Key Metrics Changes - No specific financial data or metrics related to individual business lines were provided during the meeting [9]. Market Data and Key Metrics Changes - The company is currently conducting a Phase I clinical trial with a total of 16 patients treated, indicating ongoing research and development efforts in the market [10][11]. Company Strategy and Development Direction - The company is focused on advancing its clinical trials and plans to announce specific results in September, reflecting a commitment to transparency and progress in its research initiatives [11]. Management Comments on Operating Environment and Future Outlook - Management acknowledged the diverse range of tumor types represented in the clinical trial, suggesting a broad market approach and adaptability to various patient needs [10]. Other Important Information - The meeting concluded with a commitment to provide further details on clinical trial results in the near future, highlighting the company's proactive communication strategy [11]. Q&A Session Summary Question: How many patients are currently undergoing Transcode clinical studies? - The company reported that 16 patients have been treated in the Phase I clinical trial, with more details expected to be announced in September [10][11].

Financial Data and Key Metrics Changes - The meeting discussed the approval of a reverse stock split of the company's issued common stock at a ratio of not less than one for seven and not greater than one for fifteen, which indicates a strategic move to potentially enhance share value and reduce the number of outstanding shares [9][10]. Business Line Data and Key Metrics Changes - No specific data or metrics related to individual business lines were provided during the meeting [15]. Market Data and Key Metrics Changes - No specific market data or metrics were discussed during the meeting [15]. Company Strategy and Development Direction and Industry Competition - The company is focusing on a reverse stock split as part of its strategic initiatives, which may reflect a response to market conditions and an effort to improve its stock performance [9][10]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [15]. Other Important Information - The meeting was conducted virtually, and stockholders were encouraged to submit questions throughout the session [4][5]. - The proposal for the reverse stock split received at least 66 and two-thirds percent of the voting power in favor, indicating strong support from shareholders [12]. Q&A Session Summary Question: No questions were submitted during the meeting - The CEO invited stockholders to ask questions, but there were no inquiries made [14].