SplitJul 8, 2026, 04:18 PM
Pop Culture Group Announces 10-for-1 Share Consolidation
AI Summary
Pop Culture Group Co., Ltd announced a 10-for-1 share consolidation for its Class A, Class B, and Class C ordinary shares, effective July 13, 2026. Following the consolidation, the number of outstanding Class A Ordinary Shares will reduce from 113,810,733 to approximately 11,381,074. The company's Class A Ordinary Shares will continue to trade on Nasdaq under the symbol "CPOP" with a new CUSIP number.
Key Highlights
- Company announced a 10-for-1 share consolidation for Class A, Class B, and Class C ordinary shares.
- The share consolidation will be effective on July 13, 2026.
- Class A Ordinary Shares will begin trading on a post-consolidation basis on July 13, 2026.
- The new CUSIP number for Class A Ordinary Shares will be G71700127.
- Outstanding Class A Ordinary Shares will decrease from 113,810,733 to approximately 11,381,074.
- Fractional shares will be rounded up to the next whole share.
- All outstanding stock options, warrants, and other rights will be adjusted proportionately.
Price Impact
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