Li Bang International announces 1-for-200 reverse share split effective Aug. 3 - LBGJ News | RalliesLi Bang International announces 1-for-200 reverse share split effective Aug. 3
L
LBGJ• Reverse split to take effect Aug. 3
- Li Bang International will execute a 1-for-200 reverse share split of its Class A ordinary shares.
- Post-split trading is set to begin at the open on Aug. 3, 2026, on Nasdaq under the symbol LBGJ.
- The move targets compliance with Nasdaq’s US$1 minimum bid price rule.
- Outstanding Class A shares are expected to fall to about 540,640 from 108,127,815, subject to rounding.
TRP
•