BUUU Group Limited Announces 10-for-1 Forward Share Split

The split follows the completed acquisition of a 60% equity interest in Brightray Science on September 15, 2026.

Rhea-AI Summary

BUUU Group (Nasdaq: BUUU) approved a 10-for-1 forward share split, with split-adjusted trading expected to begin October 26, 2026. The start of trading remains subject to Nasdaq processing. Each Class A and Class B ordinary share will become ten shares of the same class.

The board approved the split on September 28, 2026. Shareholders' percentage ownership and voting power will remain unchanged, as will the rights attached to each class. Authorized shares will increase proportionately from 500,000,000 to 5,000,000,000. The company intends the split to broaden investor access and enhance trading liquidity.

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Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointBrightray Science acquisition completed September 15, 2026, giving BUUU a 60% equity interest.

Negative

• Minor point. Forward-looking: it has not happened yet and may not happen.October 26 split-adjusted trading remains subject to Nasdaq processing.

News Explained

The approved split also calls for proportionate adjustments, where the securities’ terms provide, to the number of Class A shares issuable under outstanding warrants and other convertible, exercisable or settleable securities, and to their exercise prices or other per-share terms.

Key Figures

Forward share split: 10-for-1 Split-adjusted trading date: October 26, 2026 Authorized shares: 500,000,000 to 5,000,000,000 +1 more

Forward share split

10-for-1

Each share becomes ten shares of the same class

Split-adjusted trading date

October 26, 2026

Expected at market open, subject to Nasdaq processing

Authorized shares

500,000,000 to 5,000,000,000

Class A and Class B authorized shares each increase from 250,000,000 to 2,500,000,000

Voting rights per share

1 vote per Class A share; 20 votes per Class B share

Rights remain unchanged after the subdivision

Key Terms

forward split, cusip, pari passu, form 6-k

4 terms

forward split financial

"approved a ten-for-one (10-for-1) forward split of the Company's ordinary shares"

A forward split increases the number of a company’s shares by exchanging each existing share for multiple new shares, so each investor owns more pieces while their overall ownership stake and the company’s value stay the same. Think of cutting a pizza into more slices: each slice is smaller but you still have the same total; for investors this lowers the per‑share price, can make the stock feel more affordable, and often boosts trading activity and accessibility.

cusip financial

"The new CUSIP number of the Class A ordinary shares"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

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pari passu financial

"will rank pari passu in all respects with each other"

An instruction that different claims, securities, or creditors are treated equally and share rights or payments on the same priority level. For investors, it means their position will be paid or have voting power alongside others in the same class rather than being favored or subordinated—think of several people standing in one bus line who all get on together rather than some cutting ahead. That parity affects expected recovery in reorganizations, dividend order, and relative risk.

form 6-k regulatory

"furnish a copy of this press release to the U.S. Securities and Exchange Commission (the "SEC") on Form 6-K"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

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SINGAPORE, Oct. 16, 2026 /PRNewswire/ -- BUUU Group Limited (Nasdaq: BUUU) ("BUUU" or the "Company") today announced that its board of directors has approved a ten-for-one (10-for-1) forward split of the Company's ordinary shares, to be effected by subdividing each of the Company's issued and unissued Class A ordinary shares and Class B ordinary shares into ten shares of the same class (the "Share Subdivision"). The Share Subdivision is intended to make the Company's Class A ordinary shares more accessible to a broader base of investors and to enhance their trading liquidity. Subject to processing by Nasdaq, the Class A ordinary shares are expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market at market open on October 26, 2026, under the Company's existing symbol "BUUU."

The Share Subdivision follows BUUU's completion on September 15, 2026 of its acquisition of a 60% equity interest in Brightray Science Inc., through which the Company has established industrialized AI data center delivery as its core growth business.

Details of the Share Subdivision

Key date. The Class A ordinary shares are expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market at market open on October 26, 2026.

Ratio and mechanics. As a result of the Share Subdivision, each issued Class A ordinary share and each issued Class B ordinary share will be automatically subdivided into ten shares of the same class. As a result, each shareholder will hold ten shares of the relevant class for every share held immediately before the Share Subdivision (equivalent to nine additional shares for each share held). The Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol "BUUU." The new CUSIP number of the Class A ordinary shares following the Share Subdivision will be G1739L110.

Authorized and outstanding shares. In connection with the Share Subdivision, the maximum number of shares the Company is authorized to issue will increase proportionately from 500,000,000 shares of no par value, divided into 250,000,000 Class A ordinary shares and 250,000,000 Class B ordinary shares, to 5,000,000,000 shares of no par value, divided into 2,500,000,000 Class A ordinary shares and 2,500,000,000 Class B ordinary shares.

Rights and ownership unchanged. The rights and restrictions attaching to each class of shares will remain unchanged, including the voting rights of one vote per Class A ordinary share and twenty votes per Class B ordinary share, and all shares of each class resulting from the Share Subdivision will rank pari passu in all respects with each other. The Share Subdivision will not change any shareholder's percentage ownership interest or voting power in the Company. No fractional shares will result from the Share Subdivision.

No action required unless you hold physical certificates. No action is required by shareholders. Shareholders who hold Class A ordinary shares through a bank, broker or other nominee will have their positions automatically adjusted to reflect the Share Subdivision, subject to their nominee's particular processes. The Company's transfer agent, VStock Transfer, LLC ("VStock"), will update the holdings of registered shareholders in book-entry form. Registered shareholders holding share certificates will be asked to deliver a letter of transmittal to VStock to surrender their certificates to VStock in exchange for the right to receive post-Share Subdivision ordinary shares in electronic, book-entry form.

Outstanding securities. Proportionate adjustments will be made, to the extent provided by their respective terms, to the number of Class A ordinary shares issuable upon the exercise, conversion or settlement of, and to the exercise price or other per-share terms of, the Company's outstanding warrants and other securities exercisable for, convertible into or settleable in Class A ordinary shares.

Approval. The Share Subdivision was approved by the Company's board of directors on September 28, 2026.

The Company will furnish a copy of this press release to the U.S. Securities and Exchange Commission (the "SEC") on Form 6-K.

About BUUU Group Limited

BUUU Group Limited (Nasdaq: BUUU) has established industrialized AI data center delivery as its core growth business, operated through Brightray Science Inc., in which BUUU acquired a controlling interest in September 2026. BUUU also provides meetings, incentives, conferences and exhibitions (MICE) solutions, including event management and stage production, for public institutions, agencies, real estate companies and established brands.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "may," "will," "would," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" and similar expressions. Forward-looking statements include statements regarding the expected timing and effectiveness of the Share Subdivision, including the date on which the Class A ordinary shares are expected to begin trading on a split-adjusted basis; the intended effects of the Share Subdivision, including on the accessibility and trading liquidity of the Class A ordinary shares; and the Company's business strategy and prospects. Such statements are based on current expectations and assumptions and involve risks and uncertainties, many of which are beyond the control of BUUU, that could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include, but are not limited to: delays in, or the failure to complete, the steps required to implement the Share Subdivision, including registration of the amendment to the Company's memorandum and articles of association in the British Virgin Islands and processing by Nasdaq, The Depository Trust Company, the Company's transfer agent and brokers; the possibility that the Share Subdivision does not achieve its intended effects, including any improvement in trading liquidity or broadening of the Company's investor base; the market price and trading volume of the Class A ordinary shares following the Share Subdivision, which may not adjust proportionately to the Share Subdivision, and the possibility of increased volatility; the effect of a lower per-share trading price on the Company's continued compliance with Nasdaq listing requirements, including the minimum bid price requirement; the integration of Brightray into BUUU; competition in the data center industry; demand for AI computing infrastructure; changes in laws and regulations affecting the data center and AI computing industries, including trade and export control measures; and other risks described in BUUU's filings with the SEC, including its most recent annual report on Form 20-F. Forward-looking statements speak only as of the date of this press release, and BUUU undertakes no obligation to update any forward-looking statement, except as required by applicable law.

 

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SOURCE BUUU Group Limited

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does BUUU's forward share split take effect, and what is the ratio?

BUUU expects split-adjusted trading to begin at market open on October 26, 2026, subject to Nasdaq processing. Each Class A and Class B ordinary share will be subdivided into ten shares of the same class, a 10-for-1 forward split.

Do BUUU shareholders need to take action for the forward split?

BUUU shareholders generally need not act, but registered holders of physical certificates will be asked to submit a letter of transmittal and surrender their certificates to VStock Transfer for electronic, book-entry shares. Bank and broker positions will adjust automatically, subject to nominee processes; VStock will update registered book-entry holdings.

How will BUUU's share split affect outstanding warrants and convertible securities?

Proportionate adjustments will apply to outstanding warrants and other securities exercisable for, convertible into or settleable in Class A ordinary shares, to the extent provided by their respective terms. Adjustments cover the number of underlying shares and exercise prices or other per-share terms.