SplitAug 4, 2026, 09:47 AM
SU Group Holdings Announces 1-for-5 Reverse Stock Split
AI Summary
SU Group Holdings Limited announced a 1-for-5 reverse stock split of its Class A ordinary shares, effective August 6, 2026. This action, approved by the board and majority shareholders, will combine every five existing shares into one new share. The Company's shares will continue to trade on the Nasdaq Capital Market under the existing symbol "SUGP" but with a new CUSIP number. The reverse split will reduce the number of outstanding shares from approximately 7.12 million to 1.42 million, with fractional shares being rounded up.
Key Highlights
- SU Group Holdings Limited announced a 1-for-5 reverse stock split.
- The reverse stock split will be effective on August 6, 2026.
- Class A Ordinary Shares will trade on Nasdaq on a post-split basis from August 6, 2026.
- The Company's trading symbol will remain "SUGP" with a new CUSIP number G8552M141.
- Outstanding shares will reduce from approximately 7,124,092 to 1,424,819.
- Fractional shares will be rounded up to the nearest whole number.
- Outstanding stock options, warrants, and other securities will be adjusted based on the 1-for-5 ratio.
- The par value of Ordinary Shares will change from HK$0.000001 to HK$0.000005.
Price Impact
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