Smart Living将实施1比10反向股票分割以满足纳斯达克出价规则

2025-12-27 01:36

Intelligent Living Application Group (ILAG) on Friday said its board has approved a 1-for-10 share consolidation, or reverse stock split, following shareholder authorization earlier this month.
The company said the reverse split will take effect on December 30, 2025, with its ordinary shares trading on a post-consolidation basis on Nasdaq under the same symbol, ILAG.
The move is intended to bring the company into compliance with Nasdaq’s minimum bid price requirement.
Under the consolidation, Intelligent Living’s outstanding ordinary shares will be reduced to about 2.08 million from 20.77 million, while the par value will increase to $0.001 from $0.0001.
The company’s Series A preferred shares will be reduced to about 200,000 from 2 million, and Series B preferred shares to about 1 million from 10 million, with the same increase in par value.
Fractional shares will be rounded up, and shareholders’ proportional ownership and voting power will remain substantially unchanged.
ILAG is -3.66% to $0.4046.
Source: Press Release

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