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INVO Fertility Announces a 1:3 Reverse Stock Split Effective Pre-Market Opening on July 21, 2025
Globenewswire· 2025-07-17 12:00
Core Viewpoint - INVO Fertility, Inc. announced a 1-for-3 reverse stock split to comply with Nasdaq's minimum bid price requirement, effective July 21, 2025 [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will convert every 3 shares of common stock into 1 share, rounding up any fractional shares [2]. - Post-split, the company will have approximately 928,272 shares issued and outstanding, with authorized shares adjusted to 1,388,888 [2]. Group 2: Company Overview - INVO Fertility is focused on expanding assisted reproductive technology (ART) care, operating fertility clinics, and distributing its proprietary INVOcell medical device [4]. - The INVOcell device allows fertilization and early embryo development to occur in vivo, offering a more natural and cost-effective alternative to traditional IVF [4].
Smart Powerr Corp. Announces Effective Date of Reverse Stock Split
Globenewswire· 2025-07-16 12:00
Core Points - Smart Powerr Corp. has announced a reverse stock split at a ratio of 1-for-10 to comply with Nasdaq's minimum bid price requirement [2] - The reverse stock split will reduce the total number of outstanding shares from approximately 25.3 million to about 2.53 million [3] - The reverse stock split will not change the par value per share and will affect all issued and outstanding shares uniformly [4] Company Overview - Smart Powerr Corp. is based in Xi'an, China, and specializes in waste energy recycling and energy efficiency solutions for energy-intensive industries [5] - The company employs a Build-Operate-Transfer (BOT) model to provide energy-saving and recovery facilities, focusing on nonferrous metal plants [5] - Smart Powerr Corp. aims for disciplined and targeted expansion into market areas it currently does not serve [5]
Pineapple Financial Inc. Announces 1-for-20 Reverse Stock Split
Newsfile· 2025-07-15 21:20
Core Viewpoint - Pineapple Financial Inc. will implement a 1-for-20 reverse stock split of its common shares effective July 16, 2025, to increase the per-share market price and regain compliance with NYSE American's Listing Qualifications [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will combine every 20 issued and outstanding common shares into one common share, reducing the number of outstanding shares from 20,092,025 to 1,004,675 [2]. - The number of authorized shares will remain unchanged, and no fractional shares will be issued; any resulting fractional shares will be rounded up to the nearest whole share [2][4]. - Following the reverse split, the common shares will trade under the new ticker symbol "PAPLD" and will revert to "PAPLF" after 20 business days [3]. Group 2: Company Overview - Pineapple Financial Inc. is a Canadian mortgage technology and brokerage company that focuses on enhancing the experience of homeowners and the success of agents and brokers [5]. - The company utilizes cloud-based tools and AI-driven systems to assist brokers in helping Canadians achieve homeownership [5]. - Pineapple is also engaged in community support, sponsoring charities across Canada to improve the lives of fellow Canadians [5].
Solo Brands, Inc. Class A Common Stock to be Reinstated on the NYSE
Globenewswire· 2025-07-14 22:36
Core Viewpoint - The NYSE has lifted the trading suspension of Solo Brands' Class A common stock, allowing it to resume trading on July 18, 2025, under the symbol "DTC" [1][2]. Group 1: Trading Resumption - The trading of Solo Brands' Class A common stock on the NYSE is expected to resume on July 18, 2025, after the withdrawal of the delisting determination by NYSE Regulation [1]. - The company will update its ticker symbol to "SBDS" effective July 24, 2025, while the CUSIP number will remain unchanged [3]. Group 2: Compliance and Financial Status - Despite a reverse stock split that raised the stock price above $1.00 on July 9, 2025, the company is not currently in compliance with NYSE's continued listing standards due to an average closing price of less than $1.00 over a consecutive 30 trading-day period [2]. - The company has until August 25, 2025, to regain compliance with the minimum share price requirement, which can be achieved if the stock closes at least $1.00 on the last trading day of any calendar month during the cure period [2]. Group 3: Company Overview - Solo Brands, headquartered in Grapevine, TX, operates as an omnichannel lifestyle brand company, offering innovative products through five lifestyle brands: Solo Stove, TerraFlame, Chubbies, ISLE, and Oru Kayak [4].
LAZYDAYS ANNOUNCES CLOSING OF 1-FOR-30 REVERSE STOCK SPLIT
Prnewswire· 2025-07-11 21:00
Core Viewpoint - Lazydays Holdings, Inc. has announced a reverse stock split of its common stock at a ratio of 1-for-30 to increase its per share market price and regain compliance with Nasdaq listing requirements [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split took effect on July 11, 2025, and the adjusted shares will begin trading on July 14, 2025, under the existing symbol "GORV" [1]. - Every 30 shares of common stock will be combined into one new share, with no fractional shares issued; any fractional shares will be rounded up to the nearest whole number [3]. - The company's transfer agent, Continental Stock Transfer & Trust Company, will manage the exchange process, and stockholders in book-entry form will not need to take action [4]. Group 2: Company Background - Lazydays has been a significant player in the RV industry since 1976, known for exceptional RV sales, service, and ownership experiences [5]. - The company offers a wide selection of RV brands, state-of-the-art service facilities, and a range of accessories, making it a go-to destination for RV enthusiasts [6]. - Lazydays is publicly listed on the Nasdaq stock exchange under the ticker "GORV" [7].
PREMIUM CATERING (HOLDINGS) LIMITED ANNOUNCES RESULTS OF ITS EXTRAORDINARY GENERAL MEETING AND SHARE CONSOLIDATION
Globenewswire· 2025-07-11 04:01
Company Overview - Premium Catering (Holdings) Limited is a certified Halal food caterer specializing in Indian, Bangladesh, and Chinese cuisine with over 11 years of experience in the catering services industry in Singapore [3] - The company primarily supplies budget prepared meals to foreign construction workers in Singapore and operates food stalls, buffet catering services for private functions, and ancillary delivery services [3] - Since 2019, the company has introduced smart incubators for contactless meal delivery, which are custom-made heated and insulated food vending lockers [3] Share Consolidation Announcement - The company announced a share consolidation (Reverse Stock Split) approved by members at an Extraordinary General Meeting, with a ratio ranging from 1 for 2 to 1 for 18, and a final decision of 1:9 for all shareholders of record on July 21, 2025 [1][2] - The Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on the Nasdaq Capital Market starting July 22, 2025, under the existing ticker symbol "PC" [1] Compliance with Nasdaq Requirements - The Board of Directors believes that the Reverse Stock Split is necessary to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 for continued listing on the Nasdaq Capital Market [2] - The Board anticipates that the 1:9 Reverse Stock Split will facilitate compliance with these Minimum Bid Requirements [2]
LAZYDAYS ANNOUNCES 1-FOR-30 REVERSE STOCK SPLIT
Prnewswire· 2025-07-10 12:30
Core Viewpoint - Lazydays Holdings, Inc. has announced a reverse stock split of its common stock at a ratio of 1-for-30, effective July 11, 2025, to increase its per share market price and regain compliance with Nasdaq listing requirements [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will combine every 30 shares of common stock into one new share, with no fractional shares issued [3]. - The reverse stock split is intended to help the company meet the minimum bid price requirement for continued listing on The Nasdaq Capital Market [3]. - Stockholders' percentage ownership will not change significantly, except for minor adjustments due to rounding [3]. Group 2: Shareholder Approval and Implementation - The reverse stock split was approved by stockholders at the Annual Meeting held on July 3, 2025, with a proposed ratio of at least 1-for-2 and up to 1-for-30 [2]. - The company's transfer agent, Continental Stock Transfer & Trust Company, will manage the exchange process for the reverse stock split [4]. Group 3: Company Background - Lazydays has been a significant player in the RV industry since 1976, known for exceptional RV sales, service, and ownership experiences [5]. - The company offers a wide selection of RV brands, state-of-the-art service facilities, and a range of accessories, positioning itself as a go-to destination for RV enthusiasts [6].
Top 2 Real Estate Stocks Which Could Rescue Your Portfolio In July
Benzinga· 2025-07-03 12:04
Group 1 - The real estate sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] - An asset is considered oversold when the Relative Strength Index (RSI) is below 30, indicating potential short-term performance improvement [1] Group 2 - MacKenzie Realty Capital Inc (MKZR) reported a third-quarter loss of $0.47 per share, compared to a loss of $0.26 per share a year ago, with an RSI value of 24.5 [6] - The stock of MacKenzie Realty Capital fell approximately 26% over the past month, closing at $0.64, with a 52-week low of $0.60 [6] - La Rosa Holdings (LRHC) announced an 80-for-1 reverse stock split, with an RSI value of 17.6, and its stock fell around 43% over the past five days, closing at $0.080 [6]
La Rosa Holdings Corp. Announces 80-for-1 Reverse Stock Split to Regain Compliance with Nasdaq’s Minimum Bid Price Requirement and Reduce the Public Float
Globenewswire· 2025-07-02 12:30
Core Viewpoint - La Rosa Holdings Corp. will implement an 80-for-1 reverse stock split effective July 7, 2025, to comply with Nasdaq's minimum bid price requirement and potentially attract institutional investors [1][2][3] Company Overview - La Rosa Holdings Corp. operates in the real estate and PropTech sectors, providing agents with flexible compensation options and a proprietary technology platform [4] - The company offers both residential and commercial real estate brokerage services, along with technology-driven products and support for agents and franchise partners [5] Business Operations - La Rosa operates 26 corporate-owned brokerage offices across several states including Florida, California, Texas, Georgia, North Carolina, and Puerto Rico, and is expanding into Europe [6] - The company has six franchised offices and branches, as well as three affiliated brokerage locations in the U.S. and Puerto Rico, and operates a full-service escrow settlement and title company in Florida [6] Strategic Goals - The CEO of La Rosa expressed confidence in the company's business outlook, emphasizing a shift from a growth-only mindset to sustainable financial performance, with a goal of achieving positive cash flow and profitability by the end of 2025 [3]
Fly-E Group, Inc. Announces 1-for-5 Reverse Stock Split Effective July 7, 2025
Globenewswire· 2025-07-02 12:00
Core Viewpoint - Fly-E Group, Inc. will implement a reverse stock split on a one-for-five basis to increase the market price per share and maintain its Nasdaq listing [1][4]. Group 1: Reverse Stock Split Details - The reverse stock split has been approved by the Company's stockholders and Board of Directors [2]. - Each five pre-split shares will automatically combine into one post-split share, with no change in par value [3]. - The number of issued and outstanding shares will decrease from 53,183,053 to approximately 10,636,611 [4]. Group 2: Purpose and Impact - The reverse stock split aims to increase the market price per share to attract institutional and other investors [4]. - Adjustments will be made to the exercise price and the number of shares issuable upon the exercise of outstanding warrants [3].