ADBT•Advasa Holdings shareholders authorized a reverse stock split of between 1-for-10 and 1-for-100 on October 19, 2026. At the maximum ratio, outstanding common shares would fall from 487,674,534 to approximately 4,876,745; the board retains discretion over the ratio, timing and implementation.
Shareholders authorized a reverse stock split ranging from 1-for-10 to 1-for-100 on October 19, 2026. The board retains discretion over the final ratio, timing and implementation, including whether to abandon the split.
At the maximum ratio, outstanding common shares would fall from 487,674,534 to approximately 4,876,745. Total authorized shares would remain unchanged, increasing the number of authorized but unissued shares available for future issuance. Stockholders would receive cash instead of fractional shares.
