High-Trend International Group Announces the Reverse Split Record Date
High-Trend International Group (NASDAQ: HTCO), a global ocean technology company, has announced a 1-for-25 reverse stock split effective August 7, 2025, at 4:01 PM ET. The company's shares will begin trading on a split-adjusted basis on August 8, 2025.
The reverse split will reduce outstanding shares from approximately 140 million to 5.6 million. This strategic move aims to meet Nasdaq's minimum bid requirement of $1.00 per share to maintain listing on The Nasdaq Capital Market. The stock will continue trading under the symbol "HTCO" but with a new CUSIP number: G1901X 116.
Shareholders' percentage ownership will remain unchanged, and those holding shares in book-entry form or through brokers will see the impact reflected in their accounts after August 8.
High-Trend International Group (NASDAQ: HTCO), un'azienda globale nel settore della tecnologia oceanica, ha annunciato un raggruppamento azionario inverso 1-per-25 con effetto dal 7 agosto 2025 alle 16:01 ET. Le azioni della società inizieranno a essere negoziate sulla base del raggruppamento a partire dall'8 agosto 2025.
Il raggruppamento ridurrà le azioni in circolazione da circa 140 milioni a 5,6 milioni. Questa mossa strategica mira a soddisfare il requisito minimo di offerta di Nasdaq di 1,00 dollaro per azione per mantenere la quotazione nel Nasdaq Capital Market. Le azioni continueranno a essere negoziate con il simbolo "HTCO", ma con un nuovo numero CUSIP: G1901X 116.
La percentuale di proprietà degli azionisti rimarrà invariata e coloro che detengono azioni in forma di registrazione elettronica o tramite broker vedranno l'impatto riflesso nei loro conti dopo l'8 agosto.
High-Trend International Group (NASDAQ: HTCO), una empresa global de tecnologÃa oceánica, ha anunciado una consolidación inversa de acciones 1 por 25 que entrará en vigor el 7 de agosto de 2025 a las 4:01 PM ET. Las acciones de la compañÃa comenzarán a cotizar con el ajuste de la consolidación el 8 de agosto de 2025.
La consolidación reducirá las acciones en circulación de aproximadamente 140 millones a 5.6 millones. Esta medida estratégica tiene como objetivo cumplir con el requisito mÃnimo de oferta de Nasdaq de $1.00 por acción para mantener la cotización en el Nasdaq Capital Market. Las acciones seguirán cotizando bajo el sÃmbolo "HTCO", pero con un nuevo número CUSIP: G1901X 116.
El porcentaje de propiedad de los accionistas permanecerá sin cambios, y quienes tengan acciones en forma de registro electrónico o a través de corredores verán reflejado el impacto en sus cuentas después del 8 de agosto.
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High-Trend International Group (NASDAQ : HTCO), une entreprise mondiale de technologie océanique, a annoncé une fusion inversée d'actions au ratio de 1 pour 25, effective à partir du 7 août 2025 à 16h01 ET. Les actions de la société commenceront à être négociées sur une base ajustée à partir du 8 août 2025.
Cette fusion inversée réduira le nombre d'actions en circulation d'environ 140 millions à 5,6 millions. Cette mesure stratégique vise à satisfaire l'exigence minimale de prix de Nasdaq de 1,00 $ par action afin de maintenir la cotation sur le Nasdaq Capital Market. L'action continuera d'être négociée sous le symbole "HTCO", mais avec un nouveau numéro CUSIP : G1901X 116.
Le pourcentage de propriété des actionnaires restera inchangé, et ceux détenant des actions sous forme dématérialisée ou via des courtiers verront l'impact reflété dans leurs comptes après le 8 août.
High-Trend International Group (NASDAQ: HTCO), ein globales Unternehmen für Meerestechnologie, hat eine 1-zu-25 Reverse-Aktienzusammenlegung angekündigt, die am 7. August 2025 um 16:01 Uhr ET wirksam wird. Die Aktien des Unternehmens werden ab dem 8. August 2025 mit der angepassten Stückelung gehandelt.
Die Zusammenlegung wird die ausstehenden Aktien von etwa 140 Millionen auf 5,6 Millionen reduzieren. Dieser strategische Schritt soll die Mindestgebotsanforderung von Nasdaq von 1,00 USD pro Aktie erfüllen, um die Notierung am Nasdaq Capital Market aufrechtzuerhalten. Die Aktie wird weiterhin unter dem Symbol "HTCO" gehandelt, jedoch mit einer neuen CUSIP-Nummer: G1901X 116.
Der prozentuale Eigentumsanteil der Aktionäre bleibt unverändert, und diejenigen, die Aktien in Buchform oder über Broker halten, werden die Auswirkungen nach dem 8. August in ihren Konten sehen.
- Strategic move to maintain Nasdaq listing compliance
- No impact on shareholders' percentage ownership
- Automatic process requiring no action from shareholders with book-entry shares
- Indicates underlying share price weakness necessitating the reverse split
- Significant reduction in outstanding shares from 140M to 5.6M
- Risk of not meeting minimum bid requirement despite the reverse split
Insights
HTCO's 1-for-25 reverse split aims to maintain Nasdaq listing by boosting share price above $1, effective August 8.
High-Trend International Group is executing a 1-for-25 reverse stock split, primarily to meet Nasdaq's minimum bid requirement of
The mechanics involve consolidating every 25 shares into 1 share, reducing the outstanding share count from approximately 140 million to 5.6 million. While this mathematically increases the stock price by 25x, it's crucial to understand that this creates no fundamental value - it merely reconfigures existing equity. The post-split share will have a par value of
This corporate action carries significance beyond cosmetics. Maintaining a Nasdaq listing provides critical benefits: enhanced liquidity, broader investor access, greater institutional participation, and improved financing options. Delisting would force the stock to less regulated markets with reduced visibility and trading volume.
However, reverse splits often signal underlying problems. Companies typically resort to them after significant share price deterioration. While this maneuver buys compliance time, it doesn't address the fundamental issues that caused the price decline. Without meaningful operational improvements, many companies that implement reverse splits continue to experience downward price pressure post-split.
The Company is undertaking the Reverse Stock Split with the objective of meeting the minimum
The Reverse Stock Split will be effective at 04:01 p.m. (ET) on Thursday August 7, 2025 (the "Record Date") and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market LLC opens for trading on Friday, August 8, 2025. The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the trading symbol "HTCO" but will trade under the following new CUSIP number: G1901X 116.
As a result of the Reverse Stock Split, every 25 Ordinary Shares held as of the Record Date will be automatically combined into one Ordinary Share. The number of outstanding Ordinary Shares will be reduced from approximately 140,000,000 Ordinary Shares to approximately 5,600,000 Ordinary Shares. No fractional shares will be created or issued in connection with the reverse stock split.
The Reverse Stock Split will affect all holders of Ordinary Shares uniformly and will not affect any shareholder's percentage ownership interest in the Company.
Shareholders with Ordinary Shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the Reverse Stock Split reflected in their accounts on or after August 8, 2025. Such beneficial holders may contact their bank, broker, or nominee for more information.
Forward-Looking Statements
This current report on Form 6-K contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The forward-looking statements can be also identified by terminology such as "may," "might," "could," "will," "aims," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements.
These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading "Risk Factors".
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SOURCE High-Trend International Group