OIO Group
For the period ended Apr 22, 2026. Filed Apr 22, 2026.
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Apr 22, 2026 · Filed Apr 22, 2026
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Reverse Stock Split
The Company expects to effect a 1-for-3 reverse stock split (the “Reverse Stock Split”) on April 24, 2026, immediately prior to, and in connection with, the effectiveness of the closing of the Business Combination, such that each three issued and outstanding ordinary shares of the Company will be combined into one ordinary share.
The Reverse Stock Split forms an integral part of the Company’s transaction and listing structuring and is intended to position the combined company to meet Nasdaq’s initial listing requirements at the time of effectiveness, including the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
The Company expects to provide public disclosure of the Reverse Stock Split in accordance with applicable Nasdaq requirements.
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