Republic Power Group announces 1-for-16 reverse stock split effective Sept. 25 - RPGL News | RalliesRepublic Power Group announces 1-for-16 reverse stock split effective Sept. 25
R
RPGL• Reverse stock split details
- Republic Power Group will execute a 1-for-16 reverse share split of its Class A ordinary shares effective Sept. 25, 2026.
- Class A shares will trade split-adjusted on Nasdaq under RPGL; new CUSIP G7523E139.
- Issued Class A shares are expected to fall to about 1,044,098 from 16,705,568, subject to rounding for fractional interests.
- The move targets Nasdaq’s $1 minimum bid requirement; the post-split price is expected to be near 16 times the pre-split level.
- Class A par value will rise to $8 from $0.50.
