SplitJul 1, 2026, 11:33 AM
NewGenIvf Announces 1-for-3 Reverse Stock Split Effective July 6
AI Summary
NewGenIvf Group Limited announced that its Board of Directors approved a 1-for-3 reverse stock split for all issued and unissued shares, including Class A and Class B ordinary shares and preferred shares. The reverse stock split will be effective at 12:01 a.m. (ET) on July 6, 2026, with trading on a split-adjusted basis commencing the same day on the Nasdaq Capital Market under a new CUSIP number. This action will reduce the number of outstanding Class A Ordinary Shares from approximately 10.26 million to 3.42 million, with fractional shares being rounded up to a full share.
Key Highlights
- Board approved a 1-for-3 reverse stock split for all shares.
- Reverse Stock Split effective at 12:01 a.m. (ET) on July 6, 2026.
- Class A Ordinary Shares to trade on Nasdaq on a split-adjusted basis from July 6, 2026.
- New CUSIP number for Class A Ordinary Shares will be G0544E501.
- Outstanding Class A Ordinary Shares reduced from 10,259,764 to approximately 3,419,922.
- Fractional shares will be rounded up to one full post-Reverse Stock Split Class A Ordinary Share.
- Options, warrants, and convertible securities will be adjusted by dividing by three.
Price Impact
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