SplitMay 13, 2026, 04:51 PM
ReTo Eco-Solutions Announces 4-for-1 Share Combination
AI Summary
ReTo Eco-Solutions, Inc. announced a 4-for-1 reverse share combination of its Class A Shares, effective May 18, 2026. This action will reduce the number of outstanding Class A Shares from 13,079,201 to approximately 3,269,801, with no change to the par value. The primary purpose of the Share Combination is to increase the market price per share to ensure the company maintains its Nasdaq listing.
Key Highlights
- ReTo Eco-Solutions announced a 4-for-1 reverse share combination of its Class A Shares.
- The Class A Shares will begin trading on a post-combination basis on May 18, 2026.
- The number of issued and outstanding Class A Shares will be reduced from 13,079,201 to approximately 3,269,801.
- The par value of the Class A Shares will remain unchanged at no par value.
- The Share Combination is intended to increase the market price per share to maintain Nasdaq listing.
- Shareholders entitled to fractional shares will automatically receive an additional whole share.
- A new CUSIP number, G75271406, will be assigned for the Class A Shares.