Republic Power Group announces 1-for-40 reverse stock split effective May 28
PUBT · 05/26 13:02
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- Republic Power Group will execute a 1-for-40 reverse share split of its Class A ordinary shares effective May 28, 2026.
- Trading on Nasdaq shifts to a split-adjusted basis at the open May 28 under RPGL; new CUSIP G7523E121.
- Move targets Nasdaq’s $1 minimum bid price rule; post-split price expected near 40 times the pre-split level.
- Issued Class A shares fall from 42,595,614 to about 1,064,891; fractional shares will be rounded up.
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. Republic Power Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605260900PRIMZONEFULLFEED9726365) on May 26, 2026, and is solely responsible for the information contained therein.
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