Republic Power Group announces 1-for-16 reverse stock split effective Sept. 25

Bitget2026/09/23 14:30

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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.

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: 202609231030PRIMZONEFULLFEED9832543) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Republic Power Group announces 1-for-16 reverse stock split effective Sept. 25

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