SplitAug 6, 2026, 09:04 AM
TryHard Holdings to Effect 10-for-1 Share Consolidation
AI Summary
TryHard Holdings Limited announced that its board of directors approved a 10-for-1 share consolidation, effective August 10, 2026. This action is intended to ensure the company maintains compliance with Nasdaq Marketplace Rule 5550(a)(2) and avoids delisting. As a result, the number of issued and outstanding ordinary shares will be reduced from approximately 50 million to 5 million, with a new CUSIP number assigned.
Key Highlights
- TryHard Holdings Limited announced a 10-for-1 share consolidation.
- The share consolidation will be effective on August 10, 2026.
- Objective is to maintain compliance with Nasdaq Marketplace Rule 5550(a)(2).
- Issued and outstanding shares will reduce from 50,046,250 to approximately 5,004,625.
- The company's shares will trade under a new CUSIP number, G9107K200.
- No fractional shares will be issued; shareholders receive one share in lieu of fractional.
Price Impact
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