Workflow
Reverse Share Split
icon
Search documents
Fusion Fuel Green PLC Announces Reverse Share Split to Regain Compliance with Nasdaq's Minimum Bid Price Rule
GlobeNewswire News Room· 2025-07-10 12:00
Core Points - Fusion Fuel Green PLC announced a 1-for-35 reverse share split to regain compliance with Nasdaq's minimum bid price requirement [3][5] - The reverse share split will reduce the number of issued and outstanding Class A Ordinary Shares from approximately 27,418,159 to approximately 783,376 [5] - The new nominal value of each Class A Ordinary Share will be adjusted to $0.0035 following the reverse share split [5] Company Actions - The reverse share split was approved by the board of directors 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 reverse share split will not result in fractional shares; any resulting fractional shares will be rounded up to the nearest whole share [6] Trading Information - The Class A Ordinary Shares will continue to trade on Nasdaq under the symbol "HTOO" and will begin trading on a split-adjusted basis on July 14, 2025 [2] - The new CUSIP number for the Class A Ordinary Shares after the reverse share split will be G3R25D 209 [2]
Jeff’s’ Brands Announces 1-for-17 Reverse Share Split
Globenewswire· 2025-06-12 12:30
Core Viewpoint - Jeffs' Brands Ltd plans to implement a one-for-seventeen reverse share split, reducing the number of outstanding shares from approximately 9.4 million to about 553,385, effective June 16, 2025 [1][3]. Group 1: Reverse Share Split Details - The reverse share split was approved by shareholders on April 28, 2025, and will be executed at the board's discretion [2]. - The reverse split will not change the authorized share capital, which remains at 1.5 billion ordinary shares [2]. - All shareholders will be affected uniformly, with no change to their percentage ownership, except for minor adjustments related to fractional shares [3]. Group 2: Shareholder Impact - The number of issued and outstanding ordinary shares will decrease significantly, from 9,407,534 to approximately 553,385 [3]. - Fractional shares will not be issued; instead, they will be rounded to the nearest whole share at the DTC participant level [3]. - Adjustments will be made to the exercise price and the number of shares for all outstanding options and warrants, with similar rounding for fractional shares [3]. Group 3: Company Overview - Jeffs' Brands is focused on transforming e-commerce by creating and acquiring products to become market leaders, leveraging insights into the Amazon FBA business model [4].
Jeff's' Brands Announces 1-for-17 Reverse Share Split
GlobeNewswire News Room· 2025-06-12 12:30
Core Viewpoint - Jeffs' Brands Ltd plans to implement a one-for-seventeen reverse share split, reducing the number of outstanding shares from approximately 9.4 million to about 553,385, effective June 16, 2025 [1][3]. Group 1: Reverse Share Split Details - The reverse share split was approved by shareholders on April 28, 2025, and will be executed at the board's discretion [2]. - The reverse split will not change the authorized share capital, which remains at 1.5 billion ordinary shares [2]. - All shareholders will be affected uniformly, with no change to their percentage ownership, except for minor adjustments related to fractional shares [3]. Group 2: Shareholder Impact - The number of issued and outstanding ordinary shares will decrease significantly, and fractional shares will be rounded to the nearest whole share [3]. - Adjustments will be made to the exercise price and the number of shares for all outstanding options and warrants, with no fractional shares issued upon exercise [3]. Group 3: Company Overview - Jeffs' Brands is focused on transforming e-commerce by creating and acquiring products, leveraging insights into the Amazon FBA business model [4].
Freight Technologies Announces 1-for-4 Reverse Share Split
Globenewswire· 2025-05-22 13:00
Core Viewpoint - Freight Technologies, Inc. has announced a one-for-four reverse share split of its ordinary shares, effective May 27, 2025, aimed at consolidating its share structure and potentially enhancing its stock price [1][2]. Share Structure Changes - The reverse split will reduce the number of outstanding ordinary shares from 9,145,074 to 2,286,269, with every four pre-split shares combining into one post-split share [2][4]. - The shares will continue to trade on the Nasdaq under the symbol "FRGT" but will have a new CUSIP number: G51413147 [2][4]. Fractional Shares Handling - No fractional shares will be issued; shareholders entitled to a fractional share will receive an additional share to round up to the next whole share if the fractional share is less than one-half [3]. - Fractional shares equal to less than one-half will be canceled [3]. Company Overview - Freight Technologies, Inc. specializes in logistics management and offers a range of technology-driven solutions, including the Fr8App platform for cross-border shipping, Fr8Now for less-than-truckload shipping, and other services aimed at optimizing supply chain processes [5]. - The company utilizes AI and machine learning to enhance operational efficiency and improve the matching of carriers and shippers [5].
Sol-Gel Announces Reverse Share Split
GlobeNewswire News Room· 2025-05-01 11:00
Core Points - Sol-Gel Technologies Ltd. announced a 10-for-1 reverse share split to increase the per share market price and regain compliance with Nasdaq's minimum bid price requirement [4][5][6] Group 1: Reverse Share Split Details - The reverse share split will consolidate every ten ordinary shares into one ordinary share, effective at 11:59 p.m. Eastern Time on May 2, 2025 [3][5] - The first trading day on Nasdaq under the new share structure is expected to be May 5, 2025, with the symbol "SLGL" remaining unchanged [3][4] - The par value of the ordinary shares will increase from NIS 0.1 to NIS 1.0, and the total share capital will adjust from 50 million to 5 million ordinary shares [6] Group 2: Shareholder Approval and Process - Shareholders approved the reverse split ratio at a special meeting on April 1, 2025, with the board of directors confirming the 10-for-1 ratio on April 9, 2025 [2] - Equiniti Trust Company, LLC will act as the exchange and transfer agent for the reverse split, and shareholders holding shares electronically will not need to take action to receive post-split shares [7] Group 3: Company Overview - Sol-Gel Technologies is focused on developing and commercializing drug products for skin diseases, with FDA-approved products including TWYNEO for acne and EPSOLAY for rosacea [8] - The company's pipeline includes SGT-610, an orphan drug candidate for Gorlin syndrome, and SGT-210, a topical drug candidate for rare skin keratodermas [9]
Galmed Pharmaceuticals(GLMD) - Prospectus
2024-08-30 20:25
As filed with the Securities and Exchange Commission on August 30, 2024. Washington, DC 20549 Registration No. 333- FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GALMED PHARMACEUTICALS LTD. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION State of Israel 2834 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) c/o ...