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Akanda (AKAN) - Prospectus
2026-01-26 22:25
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting As filed with the Securities and Exchange Commission on January 26, 2026 Washington, D.C. 20549 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Akanda Corp. c/o Gowling WLG (Canada) LLP 100 King St. W, Suite 1600 Toronto, ON M5X 1G5, Canada Tel: +1 (4 ...
Rallybio (NasdaqGS:RLYB) 2026 Extraordinary General Meeting Transcript
2026-01-26 16:02
Summary of Rallybio Corporation 2026 Special Meeting of Stockholders Company Overview - **Company**: Rallybio Corporation - **Ticker**: NasdaqGS:RLYB - **Meeting Date**: January 26, 2026 Key Points Meeting Structure and Attendance - The special meeting was hosted virtually for stockholders, with rules of procedure accessible via a web portal [2] - Only stockholders of record as of December 30, 2025, were allowed to ask questions and vote [3] - A total of **42,243,777 shares** of common stock were outstanding and entitled to vote [4] - **34,983,474 votes** were represented at the meeting, equating to approximately **82.81%** of the voting power, confirming a quorum [5] Proposals Presented - **Proposal One**: Approval of an amendment to the Amended and Restated Certificate of Incorporation for a Reverse Stock Split at a ratio ranging from **1-for-5** to **1-for-20**, to be selected by the Board of Directors [6] - **Proposal Two**: Consideration of any other business that may properly come before the meeting [6] Voting Process - Stockholders had the opportunity to vote via a web portal, with instructions provided for those wishing to change their votes [7] - Preliminary results indicated a majority of shares voted in favor of Proposal One, with final results to be reported in a Form 8-K within four business days [7] Conclusion of Meeting - The meeting was adjourned with appreciation expressed to stockholders for their attendance [9] - The meeting concluded without further business [10] Additional Insights - The focus on a reverse stock split suggests a strategic move by Rallybio to potentially enhance its stock price and market perception, which may be critical for future financing or investment opportunities [6]
Radio One, Inc. (NASDAQ: UONE) Undergoes Reverse Stock Split
Financial Modeling Prep· 2026-01-23 10:04
Core Viewpoint - Radio One, Inc. is implementing a 10-for-1 reverse stock split to comply with Nasdaq's minimum bid price requirement, aiming to stabilize its stock price and improve market perception [1][2][6] Company Overview - Radio One, Inc. is a media company focused on radio broadcasting for African American audiences, competing with major players like iHeartMedia and Cumulus Media [1] - The company's stock opened at $0.87, with a market capitalization of approximately $39 million [3] Financial Performance - In the latest earnings report, Radio One reported a loss of $0.06 per share and a negative net margin of 32.55%, while achieving a positive return on equity of 1.85% [5] - The company generated revenue of $92.68 million for the quarter [5] Stock and Market Metrics - The stock's price-to-earnings (PE) ratio is -0.31, indicating negative earnings, and it has a beta of 0.38, suggesting lower volatility compared to the broader market [3][6] - Over the past year, the stock fluctuated between a low of $0.87 and a high of $1.90 [3] Liquidity and Leverage - Radio One has a current and quick ratio of 2.59, indicating a strong liquidity position [4][6] - The company has a high debt-to-equity ratio of 6.14, reflecting significant leverage [4][6] Stock Split Details - The reverse stock split will take effect at 11:59 p.m. on January 22, 2026, with trading on a split-adjusted basis commencing shortly thereafter [5]
Why Plug Power Stock Just Popped
Yahoo Finance· 2026-01-22 16:29
Core Viewpoint - Plug Power's stock experienced a 10% increase following the announcement of an "Ask Me Anything" session hosted by CEO Andy Marsh on Reddit, aimed at discussing the company's need to amend its charter for issuing additional shares to maintain operational flexibility and address its budget deficit [1][3]. Group 1: Company Actions - Plug Power's CEO will host a Reddit session to explain the necessity of amending the company's charter to allow for the issuance of additional shares, which is crucial for raising cash to cover ongoing budget deficits [3]. - The proposal to issue more shares was previously voted down at the 2025 Annual Meeting, despite receiving 84% support from voting shareholders, as it failed to secure a majority of the outstanding shares entitled to vote [3]. - If the company is unable to issue more shares, it may resort to a reverse stock split to maintain the same ceiling on the total number of shares outstanding while increasing the market price per share [4][5]. Group 2: Financial Implications - A reverse stock split would reduce the number of shares while increasing the price per share, allowing the company to issue new shares at a higher price, which is essential for raising capital [4][5]. - The example provided illustrates that if the company has 1 million shares at $10 each and cannot sell more, a 1-for-10 reverse split would result in 100,000 shares priced at $100 each, enabling the issuance of up to 900,000 new shares at that price [5]. Group 3: Market Sentiment - The upcoming AMA session is seen as a critical opportunity for the CEO to communicate the financial needs of Plug Power to shareholders and potentially influence their support for the share issuance [6]. - Despite the current interest in Plug Power, it is noted that there are other stocks identified by analysts that may offer better investment opportunities [7].
Mingteng International Announces 1-for-200 Reverse Stock Split Effective January 26, 2026
Globenewswire· 2026-01-22 12:30
Core Viewpoint - Mingteng International Corporation Inc. will implement a reverse stock split of its ordinary shares on a 1-for-200 basis, effective January 26, 2026, to reduce the number of outstanding shares and potentially enhance the stock's marketability [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split has been approved by both the shareholders and the board of directors, with fractional shares being rounded up to the next whole number [2]. - The total number of outstanding Class A ordinary shares will decrease from approximately 242,334,931 to about 1,211,675, while Class B ordinary shares will reduce from approximately 2,091,000 to around 10,455 [3]. - The Company will amend its Memorandum of Association to proportionately reduce the number of authorized ordinary shares and change the par value of post-split shares to US$0.002 per share [4]. Group 2: Company Overview - Mingteng International Corporation Inc. is based in China and specializes in automotive mold development and supply, focusing on molds for auto parts [5]. - The Company offers comprehensive mold services, including design, production, assembly, testing, repair, and after-sales service, with a production plant located in Wuxi, China [5]. - Key products include casting molds for turbocharger systems, braking systems, and molds for new energy electric vehicle components, serving various manufacturing industries [5].
American Rebel Holdings (AREB) Surges Over 45% After Hours: Here's Why - American Rebel Holdings (NASDAQ:AREB)
Benzinga· 2026-01-22 07:30
Group 1 - American Rebel Holdings Inc. announced a 1-for-20 reverse stock split effective on February 2, which led to a 45.41% increase in stock price to $0.63 in after-hours trading [1][2] - The reverse stock split aims to improve marketability and ensure compliance with Nasdaq's $1 minimum bid price requirement [3] - The company will reduce its outstanding shares from approximately 8.7 million to about 435,359 following the split [4] Group 2 - Shareholder protections are included in the reverse split, ensuring that no shareholder with 100 or more shares will see their holdings drop below 100 shares, and fractional shares will be rounded up [4] - The reverse split was approved by stockholders through written consent [5] - The company's market capitalization is currently $3.43 million, and its stock has experienced a 99.95% decline over the past 12 months [6]
AMERICAN REBEL HOLIDNGS, INC. (NASDAQ: AREB) ANNOUNCES 1-FOR-20 REVERSE STOCK SPLIT WITH ROUND LOT SHAREHOLDER PROTECTION TO BE EFFECTIVE ON FEBRUARY 2, 2026, FOR ALL SHAREHOLDERS OF RECORD AS OF THE EFFECTIVE DATE
Globenewswire· 2026-01-21 22:00
Core Viewpoint - American Rebel Holdings, Inc. will implement a reverse stock split at a ratio of 1-for-20, effective February 2, 2026, to enhance its stock price and comply with Nasdaq listing requirements [1][7][17]. Group 1: Reverse Stock Split Details - The reverse stock split will adjust the number of outstanding shares from approximately 8.7 million to about 435,359 shares [8]. - The new CUSIP number for the shares post-split will be 02919L 802, and trading will continue under the symbol "AREB" [2][3]. - The record date for the reverse stock split is set for January 30, 2026 [3]. Group 2: Shareholder Protections - No fractional shares will be issued; any fractional interests will be rounded up to the nearest whole share [4][6]. - Shareholders holding 100 or more shares prior to the split will not be reduced to less than 100 shares post-split, ensuring round lot protection [5][10]. - The reverse stock split will also apply to outstanding derivative securities, with adjustments made to exercise prices and quantities [4][8]. Group 3: Purpose and Benefits - The primary purpose of the reverse stock split is to increase the share price to meet Nasdaq's minimum bid price requirement of $1.00 per share [7]. - By increasing the share price, the company aims to enhance marketability and trading eligibility on various platforms [7]. - The reverse stock split is expected to improve liquidity and market appeal without altering the overall economic value of shareholders' holdings [15][28]. Group 4: Process and Timeline - The reverse stock split will be effective at 12:00 AM Eastern Time on February 2, 2026, with trading on a split-adjusted basis commencing at market open [1][17]. - Shareholders will not need to take any action; adjustments will be handled automatically by the transfer agent [32]. - Additional round-up shares for eligible shareholders will be distributed approximately 10 trading days after the effective date [25]. Group 5: Company Overview - American Rebel Holdings, Inc. is known as America's Patriotic Brand, offering a range of patriotic lifestyle products, including safes, personal security solutions, and branded apparel [31]. - The company has recently introduced American Rebel Light Beer, a premium domestic light lager [31].
abrdn Global Premier Properties Fund (AWP) Announces Approval of 1-for-3 Reverse Stock Split and Adjustment to Monthly Distribution
Prnewswire· 2026-01-21 21:17
Core Viewpoint - The abrdn Global Premier Properties Fund has announced a 1-for-3 reverse stock split to potentially enhance its market price per share, attract a broader range of investors, and improve liquidity [1][2]. Fund Details - The reverse stock split will convert every three shares of the Fund's outstanding common shares into one common share, maintaining the total value of shareholders' investments and the Fund's portfolio [3]. - Post-split, shareholders will have fewer shares but with a higher share price and net asset value per share, preserving their percentage ownership in the Fund [3]. Distribution Adjustments - Following the reverse stock split, the Fund's monthly distribution will increase from $0.04 per share to $0.12 per share, ensuring no change in monthly cash flow to shareholders [4]. Trading Information - The reverse stock split is expected to be completed before the NYSE trading opens on February 9, 2026, with shares continuing to trade under the ticker symbol AWP [5]. - A new CUSIP number will be assigned to the Fund's shares, and no fractional shares will be issued; any resulting fractional shares will be aggregated and sold, with proceeds distributed to shareholders [6]. Company Background - Aberdeen Investments is a major asset management firm with approximately $515 billion in assets under management as of September 30, 2025, and has extensive experience managing closed-end funds [10]. - The firm manages 15 U.S. closed-end funds and 13 non-U.S. closed-end funds, totaling $26.1 billion in assets as of the same date [11].
Super League Announces 1-for-12 Reverse Split
Globenewswire· 2026-01-21 13:00
Core Viewpoint - Super League announced a reverse stock split of its common stock at a ratio of 1-for-12, aimed at maintaining compliance with Nasdaq listing requirements [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect at 12:01 AM on January 23, 2026, with shares trading on a split-adjusted basis on the same day [2]. - The number of outstanding shares will decrease from approximately 14.0 million to about 1.16 million [3]. - Each stockholder's percentage ownership and voting power will remain largely unchanged, with fractional shares being rounded up to the nearest whole share [4]. Group 2: Stockholder Impact - Stockholders with shares in brokerage accounts will have their positions automatically adjusted, and no action is required from them [5]. - Registered stockholders holding shares in book-entry form will also not need to take any action to receive post-split shares [5]. Group 3: Company Overview - Super League is a leader in playable media, focusing on connecting brands with consumers through playable ads and gamified content across various platforms [10]. - The company utilizes proprietary technologies and a network of creators to enhance brand visibility and consumer engagement [10].
CCSC Technology International Holdings Limited Announces 1-for-10 Reverse Stock Split Effective January 23, 2026
Globenewswire· 2026-01-20 21:05
Core Viewpoint - CCSC Technology International Holdings Limited will implement a reverse stock split of its ordinary shares on a 1-for-10 basis to comply with Nasdaq Marketplace Rule 5550(a)(2) regarding minimum bid price requirements [1][2]. Company Overview - CCSC Technology International Holdings Limited is a Hong Kong-based company specializing in the sale, design, and manufacturing of interconnect products, including connectors, cables, and wire harnesses [5]. - The company serves a diverse range of industries such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products [5]. - CCSC operates under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) models, catering to manufacturing companies and electronic manufacturing services [5]. - The company has a global customer base across more than 25 countries in Asia, Europe, and the Americas [5]. Reverse Stock Split Details - The reverse stock split will take effect on January 23, 2026, with Class A ordinary shares trading under the symbol "CCTG" and a new CUSIP number G1993R118 [1]. - The split will consolidate every ten shares of Class A and Class B ordinary shares into one share, reducing the total number of outstanding Class A shares from approximately 34,134,950 to about 3,413,495, and Class B shares from approximately 5,000,000 to about 500,000 [4]. - Any fractional shares resulting from the reverse stock split will be rounded up to the next whole number, ensuring no fractional shares are issued [3].