Enhanced Group files draft information statement for 1-for-10 reverse stock split
Bitget2026/09/29 13:39- Enhanced Group shareholders authorized a 1-for-10 reverse stock split covering Class A common stock and Class B common stock.
- Board can set the effective date, with implementation expected on or about Oct. 28, 2026.
- Share counts would fall to about 13,681,637 Class A shares, 25,883,793 Class B shares, from 136,816,367, 258,837,933.
- No fractional shares; resulting fractions round up to the next whole share, potentially lifting totals slightly above the estimates.
- Authorized share caps stay 310,000,000 Class A, 330,000,000 Class B, expanding authorized but unissued Class A shares.
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