Cuprina Holdings to Execute 1-for-8 Share Consolidation on May 27
Cuprina Holdings will implement a 1-for-8 share consolidation of its Class A and Class B ordinary shares effective May 27, 2026 to regain compliance with Nasdaq Marketplace Rule 5550(a)(2). Post-consolidation, every eight shares convert into one under new CUSIP G2592E110 with fractional shares rounded up, preserving shareholders’ percentage interests.
1. Consolidation Mechanics
Cuprina Holdings will consolidate its Class A and Class B ordinary shares on a 1-for-8 basis, converting every eight pre-consolidation shares into one post-consolidation share. No fractional shares will be issued; instead, any fractions will be rounded up to the nearest whole share.
2. Compliance Objective
The share consolidation is designed to bring the company into compliance with Nasdaq Marketplace Rule 5550(a)(2) by increasing its per-share price. Maintaining its Nasdaq Capital Market listing is critical for Cuprina’s access to capital markets and investor visibility.
3. Approval and Timeline
The board approved the consolidation on April 21, 2026, and shareholders ratified it during the annual general meeting on May 14, 2026. The consolidation becomes effective on or around May 27, 2026, after which shares will trade under a new CUSIP G2592E110.
4. Shareholder Impact
The consolidation does not alter any shareholder’s percentage interest except for adjustments from fractional share rounding. Existing holders retain proportional ownership, ensuring the action is neutral to individual equity stakes.