Founder Group announces 1-for-100 share consolidation effective Sept. 1 - FGL News | RalliesFounder Group announces 1-for-100 share consolidation effective Sept. 1
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FGL• Share consolidation and trading adjustments
- Founder Group will execute a 1-for-100 share consolidation effective Sept. 1, 2026.
- The move targets Nasdaq Capital Market minimum bid-price compliance under Rule 5550(a)(2).
- Class A shares will trade on an adjusted basis under ticker FGL with new CUSIP G3662E147.
- Issued Class A shares will drop to about 73,693 from 7,369,159; Class B shares to about 1,865 from 186,358.
- Fractional positions will be rounded up through bonus shares.
