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Fusion Fuel Green PLC Announces Forthcoming Annual General Meeting
Globenewswire· 2025-06-04 12:00
Core Points - Fusion Fuel Green PLC will hold its Annual General Meeting (AGM) on June 25, 2025, at 2:00 PM Dublin time [1] - Shareholders are encouraged to review the Notice of AGM, which includes six proposals for approval by the Board of Directors [2] - A key proposal is to authorize a reverse share split of the Company's Class A Ordinary Shares at a ratio between 4-to-1 and 40-to-1 to comply with Nasdaq's minimum bid price requirement of $1.00 per share [3] - CEO John-Paul Backwell emphasized that obtaining shareholder approval for the reverse share split will demonstrate the Company's progress towards compliance with Nasdaq listing requirements and long-term sustainability [4] - Fusion Fuel Green PLC is an energy company providing engineering, advisory, and fuel distribution solutions, actively expanding into new sectors and geographies to support energy transition [5]
ARB IOT Group Limited Announces 1-for-15 Reverse Share Split
Globenewswire· 2025-05-29 12:00
Core Points - ARB IOT Group Limited announced a one-for-fifteen reverse share split approved by shareholders and the board of directors [1] - The reverse share split aims to increase the per share trading price to meet the $1.00 minimum bid price requirement for NASDAQ listing [3] Company Overview - ARB IOT Group Limited provides complete solutions for the integration of Internet of Things (IoT) systems and devices, covering design to project deployment [4] - The company offers a wide range of IoT systems and services, including system integration and support, delivering holistic solutions with full turnkey deployment [4]
The Board of Directors of Fingerprint Cards AB (publ) proposes a reverse share split of ordinary shares
Globenewswire· 2025-05-21 13:55
Core Viewpoint - Fingerprint Cards AB (FPC) is proposing a reverse share split at a ratio of 2,000:1 to enhance its share structure and support sustainable growth initiatives [1][2][3]. Share Split Details - The reverse share split will convert every 2,000 existing shares into 1 new share, maintaining all class-specific rights and characteristics [1][3]. - Post-split, the total number of shares will decrease from 15,175,375,766 to 7,587,687, with the quota value per share estimated at approximately 21.353477 SEK [3]. Shareholder Considerations - The company will provide shares free of charge to shareholders whose holdings are not evenly divisible by 2,000, with a maximum of 520,000 Class B treasury shares to be distributed, valued at no more than SEK 5,200 [4]. Company Background - Fingerprint Cards AB is recognized as a leading biometrics company, with its solutions integrated into numerous devices and applications, facilitating secure identification and authentication [5].
Top KingWin Ltd Announces 1-For-25 Reverse Share Split
GlobeNewswire News Room· 2025-05-01 12:00
Core Points - Top KingWin Ltd will implement a reverse share split of its outstanding class A ordinary shares at a ratio of 1-for-25, effective May 5, 2025 [1][2][4] - The reverse share split aims to help the company regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share [2][4] - Following the split, the number of issued and outstanding shares will decrease from approximately 180 million to about 7.2 million [4] Company Overview - Top KingWin provides services primarily to entrepreneurs and executives in small and medium-sized enterprises in China, including corporate business training, consulting services, advisory and transaction services, and sales of devices for AI data collection and analysis [7]
WORK Medical Technology Group LTD Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Newsfilter· 2025-04-11 20:01
Core Viewpoint - WORK Medical Technology Group LTD has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market [1][2]. Company Compliance Status - Nasdaq Listing Rule 5550(a)(2) mandates a minimum bid price of US$1.00 per share, and the company failed to meet this requirement for 30 consecutive business days from February 24, 2025, to April 4, 2025 [2]. - The company has until October 6, 2025, to regain compliance by ensuring its Class A 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 [3]. - 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 - WORK Medical Technology Group LTD, through its subsidiary, develops and manufactures Class I and II medical devices, with a diverse product portfolio of 21 products, including customized masks and medical consumables [5]. - The company's products are sold in 34 provincial-level regions in China and in over 30 countries worldwide, with 17 products registered with the U.S. Food and Drug Administration [5].