LBGJ news & sentiment — Li Bang International Corp Inc.

APR 30·Stock TitanMed

Li Bang (NASDAQ: LBGJ) wins approval for share overhaul and 1-for-200 consolidation

Li Bang International Corporation Inc. (NASDAQ: LBGJ) shareholders have approved a comprehensive overhaul of the company's share capital and structure. This includes a significant increase in authorized Class B ordinary shares, a share capital reduction and reorganization, and authorization for a 1-for-200 reverse stock split at the board's discretion within two years. These measures grant the board broad flexibility to manage the company's capital structure and potentially alter share counts, per-share prices, and voting dynamics.

MAR 25·Investing.com Australia

Li Bang International plans 1-for-100 reverse stock split By Investing.com

Li Bang International Corporation Inc. (NASDAQ:LBGJ) has announced a 1-for-100 reverse stock split of its ordinary shares, effective when markets open on Thursday. This action aims to help the company regain compliance with Nasdaq's minimum bid price requirement. Following the split, the company's Class A ordinary shares will continue trading under the symbol LBGJ with a new CUSIP number.

MAR 24·Investing.com

Li Bang International plans 1-for-100 reverse stock split

Li Bang International Corporation Inc. (NASDAQ:LBGJ) announced a 1-for-100 reverse stock split of its ordinary shares, effective upon market open on Thursday, to regain compliance with Nasdaq's minimum bid price requirement. The company's stock currently trades at $0.02, having dropped 98% in the past six months. This action, approved by shareholders and the board, will consolidate every 100 existing shares into one, without altering shareholders' percentage interest except for fractional share adjustments.

$LBGJ

Li Bang (NASDAQ: LBGJ) wins approval for share overhaul and 1-for-200 consolidation

Li Bang International plans 1-for-100 reverse stock split By Investing.com

Li Bang International plans 1-for-100 reverse stock split

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