Republic Power Group Limited Announces 1-For-16 Reverse Share Split
Republic Power Group announced a 1-for-16 reverse split of its Class A and Class B ordinary shares, effective at the open on September 25, 2026, with shares continuing to trade on Nasdaq as RPGL. The company states the split is intended to maintain compliance with Nasdaq's $1.00 minimum bid price requirement -- a clear listing-compliance motivation.
Key figures
- New par value
- $8.0
- Effective date
- 2026-09-25
- Reverse split ratio
- 1-for-16
- Shares outstanding after
- 1044098
- Shares outstanding before
- 16705568
AI analysis
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