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DirectBooking Technology Co., Ltd. Announces 16-for-1 Share Consolidation
Globenewswire· 2026-02-17 13:30
Core Viewpoint - DirectBooking Technology Co., Ltd. has announced a share consolidation to meet Nasdaq's minimum bid price requirement, effective February 17, 2026, with trading on a split-adjusted basis starting February 19, 2026 [1][2]. Share Consolidation Details - The share consolidation will occur at a ratio of 16 for 1, where every 16 Class A and Class B ordinary shares will be consolidated into one share, adjusting the par value from US$0.00005 to US$0.0008 [2]. - The total authorized share capital remains unchanged at US$250,000, reclassified to 250,000,000 Class A ordinary shares and 62,500,000 Class B ordinary shares, both with a par value of US$0.0008 [3]. Fractional Shares and Ownership - No fractional shares will be issued; any fractional share entitlement will be rounded to the nearest whole share [4]. - The consolidation aims to streamline the share capital structure without altering existing shareholders' proportional ownership or the dual-class voting rights arrangement, providing flexibility for future financing [5]. Company Overview - DirectBooking Technology is a holding company based in the Cayman Islands, operating through its Hong Kong subsidiary, Primega Construction Engineering Co. Limited, providing transportation services in the construction industry [6]. - The company focuses on environmentally friendly practices, facilitating the reuse of construction materials and reducing waste, primarily offering soil and rock transportation services and construction works [6].
Primega Group Holdings Limited(PGHL) - Prospectus(update)
2025-09-29 14:25
As filed with the Securities and Exchange Commission on September 29, 2025 Registration Statement No. 333-287735 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 3 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 DirectBooking Technology Co., Ltd. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (IRS Employer Identification Numb ...
Primega Group Holdings Limited(PGHL) - Prospectus(update)
2025-09-03 17:41
As filed with the Securities and Exchange Commission on September 3, 2025 Registration Statement No. 333-287735 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Primega Group Holdings Limited (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (IRS Employer Identification Number) R ...