Republic Power Group announces 1-for-16 reverse stock split effective Sept. 25
Bitget2026/09/23 14:30- Republic Power Group will execute a 1-for-16 reverse share split of its Class A ordinary shares effective Sept. 25, 2026.
- Class A shares will trade split-adjusted on Nasdaq under RPGL; new CUSIP G7523E139.
- Issued Class A shares expected to fall to about 1,044,098 from 16,705,568, subject to rounding for fractional interests.
- Move targets Nasdaq’s $1 minimum bid requirement; post-split price expected near 16 times the pre-split level.
- Class A par value will rise to $8 from $0.50.
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