Megan Holdings revises reverse split to 1-for-30 effective Sept. 17, drops prior 1-for-40 plan - MGN News | RalliesMegan Holdings revises reverse split to 1-for-30 effective Sept. 17, drops prior 1-for-40 plan
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MGN• Reverse split updated to 1-for-30
- Megan Holdings revised its planned Nasdaq share consolidation to 1-for-30, effective Sept. 17, 2026.
- The update replaces an earlier plan for a 1-for-40 consolidation with a Sept. 8, 2026 effective date.
- Class A ordinary shares are set to trade post-consolidation under the “MGN” symbol; fractional shares will be rounded up.