Ridgetech, Inc. announced a 1-for-150 reverse share split effective April 7, 2026, reducing outstanding Ordinary Shares from 134,835,960 to approximately 898,906 while maintaining proportional shareholder ownership.
Key takeaways
1-for-150 reverse share split effective April 7, 2026 at 5:00 p.m. ET, with split-adjusted trading starting next trading day.
Pre-split: 134,835,960 Ordinary Shares outstanding as of April 2, 2026; post-split: ~898,906 shares.
New CUSIP: G2124G 203; trading continues on Nasdaq Capital Market under RDGT.
Par value increases from US$0.001 to US$0.15 per share.
Fractional shares rounded up to nearest whole share; approved by board and shareholders.
Fifth Amended and Restated Memorandum and Articles filed effective April 7, 2026.