UMeWorld files draft information statement
UMEW•UMeWorld shareholders authorized a 1-for-3 to 1-for-10 reverse stock split on November 3, 2026. The board will choose the final ratio and timing; the split has not been implemented.
1. Split authorization
UMeWorld shareholders authorized a reverse stock split ranging from 1-for-3 to 1-for-10 on November 3, 2026. The board can select the final ratio and timing, and the split has not yet been implemented. The company said the split aims to raise its per-share trading price to support a proposed Nasdaq Capital Market listing and public offering. Authorized common shares will remain at 250 million, leaving capacity for future issuance and potential dilution.
