Pop Culture Group Co., Ltd Announces 15 for 1 Share Consolidation
Pop Culture Group (CPOP) will implement a 15-for-1 share consolidation of its Class A, B and C ordinary shares, effective September 14, 2026.
Rhea-AI Summary
Pop Culture Group (CPOP) will implement a 15-for-1 share consolidation of its Class A, B and C ordinary shares, effective September 14, 2026.
The Class A Ordinary Shares are expected to begin trading on a post-consolidation basis at the market open on September 14, 2026 on The Nasdaq Capital Market under the symbol CPOP, with new CUSIP G71700135. The consolidation will reduce issued and outstanding Class A shares from 14,069,656 to approximately 937,978, with every 15 shares (or part thereof) combined into one and fractional shares rounded up. Outstanding stock options, warrants and other rights to purchase Class A shares will be adjusted proportionately.
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Negative
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Details
Market reaction after 15-for-1 share consolidation: CPOP -10.05% in the Sep 10 session
In the Sep 10 session, CPOP declined 10.05%, reflecting a significant negative market reaction. Argus tracked a trough of -15.0% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. Trading volume was exceptionally heavy at 38.6x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Share Consolidation Ratio
- 15-for-1
- Effective September 14, 2026
- Effective Date
- September 14, 2026
- Post-consolidation trading begins at market open
- Class A Shares Before Consolidation
- 14,069,656 shares
- Issued and outstanding before the consolidation
- Class A Shares After Consolidation
- 937,978 shares
- Issued and outstanding after the consolidation
Historical Context
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Prior 10-for-1 share consolidation became effective July 13, 2026
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
cusip financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Prior to the Share Consolidation, 14,069,656 Class A Ordinary Shares are issued and outstanding. As a result of the Share Consolidation, every 15 shares (or part thereof) will be combined into one (1) share, with fractional shares rounded up to the next whole share, and approximately 937,978 Class A Ordinary Shares will be issued and outstanding after the Share Consolidation. All outstanding stock options, warrants and other rights to purchase the Company's Class A Ordinary Shares will be adjusted proportionately as a result of the Share Consolidation.
Upon the effectuation of the Share Consolidation, shareholders holding shares through a bank, broker or other nominee will have their shares automatically adjusted to reflect the Share Consolidation. Beneficial holders may contact their bank, broker or nominee for more information. Please direct any questions to your broker or the Company's transfer agent, Transhare Corporation, by calling +1 303-662-1122.
About Pop Culture Group Co., Ltd
Pop Culture Group Co., Ltd is a Chinese pop culture company headquartered in Xiamen, China. The Company aims to promote Chinese pop culture and its values while fostering cultural exchanges between the United States and China. With the values of Chinese pop culture at its core and the younger generation as its primary target audience, the Company hosts entertainment events, operates Chinese pop culture online programs, and provides event planning and execution services and brand promotion services to corporate clients. In recent years, the Company has focused on developing and hosting its own Chinese pop culture events. For more information, visit the Company's website at http://ir.cpop.cn/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission.
For Investor and Media Inquiries Please Contact:
Pop Culture Group Co., Ltd
Investor Relations Department
Email: bodo@cpop.cn
Phone: + 86-0592-5968169
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SOURCE Pop Culture Group Co., Ltd
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