General Enterprise Ventures Announces Reverse Stock Split
General Enterprise Ventures (OTCID:GEVI) has announced a 1-for-6 reverse stock split of its common stock, effective August 27, 2025. The split will reduce outstanding shares from 87,550,981 to approximately 14,592,205.
The company's stock will temporarily trade under the symbol GEVID for 20 business days starting August 28, 2025, before reverting to GEVI. The strategic move aims to meet national securities exchange listing requirements and enhance visibility among institutional investors.
The reverse split will not affect stockholders' percentage ownership, with fractional shares rounded up to the nearest whole number. Proportional adjustments will be made to equity awards, warrants, and other convertible securities.
General Enterprise Ventures (OTCID:GEVI) ha annunciato un raggruppamento azionario 1-contro-6 delle sue azioni ordinarie, con efficacia dal 27 agosto 2025. L’operazione ridurrà le azioni in circolazione da 87.550.981 a circa 14.592.205.
Le azioni della società verranno temporaneamente negoziate con il simbolo GEVID per 20 giorni di negoziazione a partire dal 28 agosto 2025, per poi tornare al simbolo GEVI. Questa mossa strategica punta a soddisfare i requisiti di quotazione di una borsa valori nazionale e ad aumentare la visibilità presso gli investitori istituzionali.
Il raggruppamento non influirà sulla percentuale di partecipazione degli azionisti; le frazioni di azioni saranno arrotondate per eccesso all’unità più vicina. Verranno adeguati in proporzione anche premi azionari, warrant e altri titoli convertibili.
General Enterprise Ventures (OTCID:GEVI) ha anunciado una consolidación de acciones 1 por 6 de sus acciones ordinarias, con vigencia a partir del 27 de agosto de 2025. La operación reducirá las acciones en circulación de 87.550.981 a aproximadamente 14.592.205.
Las acciones de la compañía se negociarán temporalmente bajo el símbolo GEVID durante 20 días hábiles a partir del 28 de agosto de 2025, antes de volver al símbolo GEVI. Esta medida estratégica busca cumplir los requisitos de cotización de una bolsa nacional y mejorar la visibilidad ante inversionistas institucionales.
La consolidación no afectará el porcentaje de propiedad de los accionistas; las fracciones de acciones se redondearán hacia arriba al número entero más cercano. Se realizarán ajustes proporcionales a las recompensas en acciones, warrants y otros valores convertibles.
General Enterprise Ventures (OTCID:GEVI)는 보통주의 1대6 액면병합(리버스 스플릿)을 2025년 8월 27일부로 시행한다고 발표했습니다. 이번 조치로 발행주식 수는 87,550,981주에서 약 14,592,205주로 줄어듭니다.
회사의 주식은 2025년 8월 28일부터 영업일 기준 20일 동안 임시로 GEVID 심볼로 거래되며, 이후 다시 GEVI로 복귀합니다. 이 전략적 조치는 국가 증권거래소의 상장 요건을 충족하고 기관투자자들 사이에서 가시성을 높이기 위한 것입니다.
액면병합은 주주들의 지분 비율에 영향을 미치지 않으며, 소수주식은 가장 가까운 정수로 올림 처리됩니다. 주식보상, 워런트 및 기타 전환 증권에도 비례 조정이 이루어집니다.
General Enterprise Ventures (OTCID:GEVI) a annoncé un regroupement d’actions 1 pour 6 de ses actions ordinaires, effectif à partir du 27 août 2025. Cette opération réduira le nombre d’actions en circulation de 87 550 981 à environ 14 592 205.
Les actions de la société seront temporairement négociées sous le symbole GEVID pendant 20 jours ouvrables à compter du 28 août 2025, avant de reprendre le symbole GEVI. Cette mesure stratégique vise à satisfaire les exigences de cotation d’une bourse nationale et à améliorer la visibilité auprès des investisseurs institutionnels.
Le regroupement n’affectera pas le pourcentage de participation des actionnaires ; les fractions d’actions seront arrondies à l’unité supérieure. Les attributions en actions, les warrants et autres titres convertibles seront ajustés proportionnellement.
General Enterprise Ventures (OTCID:GEVI) hat einen Reverse Stock Split im Verhältnis 1:6 seiner Stammaktien angekündigt, wirksam ab dem 27. August 2025. Die Maßnahme wird die ausstehenden Aktien von 87.550.981 auf etwa 14.592.205 reduzieren.
Die Aktien des Unternehmens werden vorübergehend für 20 Handelstage ab dem 28. August 2025 unter dem Tickersymbol GEVID gehandelt, bevor sie wieder zu GEVI zurückkehren. Diese strategische Maßnahme zielt darauf ab, die Anforderungen einer nationalen Wertpapierbörse zu erfüllen und die Sichtbarkeit bei institutionellen Investoren zu erhöhen.
Der Reverse Split beeinträchtigt nicht den prozentualen Anteil der Aktionäre; Bruchstücke von Aktien werden auf die nächste ganze Aktie aufgerundet. Aktienprämien, Warrants und andere wandelbare Wertpapiere werden entsprechend proportional angepasst.
- Strategic positioning for uplisting to a national securities exchange
- Potential for improved access to institutional investors and capital
- Growing market opportunity in wildfire prevention technology sector
- Significant reduction in total shares outstanding may impact stock liquidity
- Reverse splits are often viewed negatively by market participants
- Currently trading on OTC Markets indicates lower tier exchange status
Common Stock Will Begin Trading on Split-Adjusted Basis on August 28, 2025
Positioning for a uplist to a national exchange and long-term growth as demand grows for wildfire prevention technologies
OCEANSIDE, CA / ACCESS Newswire / August 27, 2025 / General Enterprise Ventures, Inc. (OTCID:GEVI) today announced that it intends to effect a reverse stock split of its common stock, par value
The reverse stock split is a strategic move to align the company with the listing requirements of a national securities exchange and position it for accelerated growth.
The reverse stock split will become effective at 4:05 p.m. ET on Wednesday, August 27, 2025. The Company's common stock will continue to be traded on the OTC Markets stock exchange under the temporary ticker symbol GEVID and will begin trading on a split-adjusted basis when the market opens on Thursday, August 28, 2025. After 20 business days, the ticker symbol will revert to GEVI. The new CUSIP number for the common stock following the reverse stock split is 369759204.
"This reverse split marks a pivotal step as we prepare for uplisting to a national exchange," said Ted Ralston, CEO of Mighty Fire Breaker. "We believe this move will enhance our visibility among institutional investors and improve our access to capital as we accelerate our growth strategy. As wildfires continue to increase in frequency and intensity, there is a pressing need for advanced prevention and suppression solutions. Our proprietary technologies are gaining momentum because they offer a proactive, science-driven and environmentally responsible approach to reducing wildfire risk and loss."
At the effective time of the reverse stock split, every six (6) shares of the Company's issued and outstanding common stock will be converted automatically into one (1) issued and outstanding share of common stock without any change in the par value per share. Stockholders holding shares through a brokerage account will have their shares automatically adjusted to reflect the 1-for-6 reverse stock split. It is not necessary for stockholders holding shares of the Company's common stock in certificated form to exchange their existing stock certificates for new stock certificates of the Company in connection with the reverse stock split, although stockholders may do so if they wish.
The reverse stock split will affect all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity, except to the extent that the reverse stock split would result in a stockholder owning a fractional share. Any fractional share of a stockholder resulting from the reverse stock split will be rounded up to the nearest whole number of shares. The reverse stock split will reduce the number of shares of the Company's common stock outstanding from 87,550,981 shares to approximately 14,592,205 shares. Proportional adjustments will be made to the number of shares of the Company's common stock issuable upon exercise or conversion of the Company's equity awards, warrants and other convertible securities, as well as the applicable exercise or conversion price thereof. Stockholders with shares in brokerage accounts should direct any questions concerning the reverse stock split to their broker; all other stockholders may direct questions to the Company's transfer agent, Colonial Stock Transfer, at (801) 355-5740.
For more information on Mighty Fire Breaker, visit www.mightyfirebreaker.com.
About General Enterprise Ventures, Inc.
General Enterprise Ventures, Inc., through its wholly owned subsidiary Mighty Fire Breaker, LLC, offers an innovative portfolio of non-toxic and environmentally safe wildfire defense solutions. The Company's offerings include wildfire home defense systems, mobile and ground application systems, and products for use in the manufacturing of fire-resilient building products.
Mighty Fire Breaker's CitroTech fire inhibitor is the only fire inhibitor designated as EPA Safer Choice and also has UL GREENGUARD GOLD certification.
Twitter: @GEVIOfficial
Website: https://generalenterpriseventures.com/
CONTACT:
Brett Maas, Managing Principal
Hayden IR, LLC
brett@haydenir.com
(646) 536-7331
SOURCE: General Enterprise Ventures, Inc.
View the original press release on ACCESS Newswire
FAQ
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Why is General Enterprise Ventures implementing a reverse stock split?
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