Republic Power to Implement One-for-16 Reverse Share Split

12:25 PM EDT, 09/23/2026 (MT Newswires) -- Republic Power Group (RPGL) said Wednesday it will implement a one-for-16 reverse split of its Class A and B shares to help meet compliance with the minimum bid price requirement of $1.00 per share for continued listing on Nasdaq. The company said its shares will begin trading on a split-adjusted basis on Sept. 25. The reverse share split will reduce the number of its Class A shares to about 1.0 million from around 16.7 million. There is no public market for its Class B shares. Price: 1.05, Change: -0.38, Percent Change: -26.39