OIO Group executes 1-for-3 reverse stock split ahead of Nasdaq listing
PUBT · 2d ago
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- OIO Group will implement a 1-for-3 reverse stock split effective 12:01 a.m. ET on April 24, 2026.
- Ordinary shares are set to begin trading on a split-adjusted basis on Nasdaq Capital Market on April 24 under symbol OIO.
- Reverse split is tied to planned business combination with De Tomaso Automobili Holdings.
- Transaction aims to support compliance with Nasdaq minimum bid price requirement under Listing Rule 5550(a)(2).
- Post-split CUSIP for ordinary shares will be G3R95P124.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OIO Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604221155PRIMZONEFULLFEED9695016) on April 22, 2026, and is solely responsible for the information contained therein.
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