Golden Sun Technology Group Ltd. (GSUN) Form 6-K — Oct 20, 2026
Golden Sun Technology Group (GSUN) is asking shareholders to approve a one-for-ten share consolidation effective December 23, 2026, which would cut authorized shares from 200 million (180M Class A, 20M Class B) to 20 million at a higher US$0.05 par value. The move is a direct response to a Nasdaq deficiency notice received April 13, 2026, after GSUN's closing bid price traded below US$1.00 for 30 consecutive business days, giving the company until October 12, 2026 to regain compliance. The consolidation would not change anyone's proportionate ownership, and fractional shares would be rounded up.
Key figures
- Compliance deadline
- 2026-10-12
- Reverse split ratio
- 1:10
- Deficiency notice date
- 2026-04-13
- Consolidation effective date
- 2026-12-23
- Class a authorized shares after
- 18000000
- Class b authorized shares after
- 2000000
- Class a authorized shares before
- 180000000
- Class b authorized shares before
- 20000000
- Minimum bid price requirement usd
- 1
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