Pop Culture Group to Consolidate Shares 10-for-1, Cutting Outstanding Count 113.8M to 11.4M
CPOP•Pop Culture Group Co., Ltd consolidates every 10 Class A shares into one, reducing 113,810,733 shares to about 11,381,074 effective July 13, 2026. Outstanding options, warrants and fractional shares will be adjusted and rounded up, and post-consolidation shares will trade under CPOP with new CUSIP G71700127.
1. Consolidation Mechanics
Pop Culture Group Co., Ltd will effect a 10-for-1 share consolidation of its Class A, B and C ordinary shares on July 13, 2026, combining every 10 pre-consolidation shares into one post-consolidation share. The move reduces Class A issued and outstanding shares from 113,810,733 to approximately 11,381,074 shares, with fractional share holdings rounded up to the next whole share.
2. Adjustment of Equity Instruments
All outstanding Class A stock options, warrants and other rights to purchase ordinary shares will be proportionately adjusted to reflect the consolidation ratio. Shareholders holding shares through banks, brokers or nominees will see their holdings automatically updated, and beneficial holders may contact their intermediaries for details.
3. Trading Post-Consolidation
At market open on July 13, 2026, the post-consolidation Class A shares will trade on the Nasdaq Capital Market under the existing CPOP symbol but with a new CUSIP number of G71700127. The consolidation does not change the company’s authorized share counts or its Nasdaq listing status.
