Anvi Global board backs 1-for-20 reverse stock split of common shares - ANVI News | RalliesAnvi Global board backs 1-for-20 reverse stock split of common shares
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ANVI• Board approves reverse split and stockholder consent
- Board resolutions dated Aug. 29, 2026 set a 1-for-20 reverse stock split to lift the OTCQB bid price.
- Majority stockholder written consent dated Sept. 4, 2026 adopted the amendment without a shareholder meeting.
- Issued shares are expected to fall to about 5,997,500 from 119,950,000; authorized common stock stays 500,000,000.
- Fractional share interests will be rounded up to the nearest whole share; effectiveness is subject to SEC mailing timing and FINRA approval.
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