SplitOct 7, 2026, 06:21 AM
NewGenIvf Group Ltd Announces 1-for-4 Reverse Stock Split
AI Summary
NewGenIvf Group Limited has announced a 1-for-4 reverse stock split, effective October 12, 2026. The company's Class A Ordinary Shares will commence trading on a split-adjusted basis on the Nasdaq Capital Market on the same date. This action is expected to reduce the number of outstanding shares from approximately 35.7 million to 8.9 million. Fractional shares will not be issued; instead, shareholders entitled to fractional shares will receive a full post-split share. All outstanding options, warrants, and convertible securities will also be adjusted accordingly.
Key Highlights
- NewGenIvf Group Limited announced a 1-for-4 reverse stock split.
- The reverse stock split will be effective at 12:01 a.m. (ET) on October 12, 2026.
- Class A Ordinary Shares will begin trading on a split-adjusted basis on October 12, 2026.
- The number of outstanding Class A Ordinary Shares is expected to decrease from approximately 35,688,329 to 8,922,083.
- No fractional shares will be issued; shareholders entitled to fractional shares will receive one full post-split share.
- Options, warrants, and convertible securities will be adjusted by dividing the number of shares by four.
Price Impact
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