SplitJun 18, 2026, 09:02 AM
Mobile-health Network Solutions Announces 1-for-6 Reverse Stock Split
AI Summary
Mobile-health Network Solutions announced that its 1-for-6 reverse stock split will become effective at 12:01 a.m. Eastern Time on June 29, 2026. Shareholders had previously approved the reverse stock split, an increase in authorized share capital, and an amendment to the company's Memorandum and Articles of Association. The effective date was postponed from the previously announced June 22, 2026.
Key Highlights
- Shareholders approved a 1-for-6 reverse stock split on June 8, 2026.
- The reverse stock split will be effective at 12:01 a.m. Eastern Time on June 29, 2026.
- Ordinary shares will begin trading on a split-adjusted basis on Nasdaq under "MNDR" from June 29, 2026.
- Authorized share capital changed to $18,720,000, divided into 19,500,000,000 ordinary shares.
- Par value increased from $0.00016 to $0.00096 per share.
- Fractional entitlements will be rounded up to one ordinary share.
- The new CUSIP number for the Company's ordinary shares is G62264 133.
Price Impact
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