iOThree Limited Announces 1-for-10 Reverse Share Split
iOThree (Nasdaq: IOTR) announced a 1-for-10 reverse share split effective November 10, 2025. Post-split shares will continue trading under IOTR with a new CUSIP G4940T112 and a par value of $0.0625 per share.
Before the split the company had 7,333,257 Ordinary Shares and 18,316,743 class A shares. After the split it will have approximately 733,326 Ordinary Shares and 1,831,675 class A shares outstanding, exclusive of warrant issuable shares. Warrants will be adjusted proportionately; fractional shares will be rounded up. The split aims to meet NASDAQ's $1.00 minimum bid requirement for continued listing.
iOThree (Nasdaq: IOTR) ha annunciato una reverse split azionario 1-for-10 efficace dal 10 novembre 2025. Le azioni post-split continueranno a essere negoziate con il ticker IOTR con un nuovo CUSIP G4940T112 e un valore nominale di $0.0625 per azione.
Prima dello split la società possedeva 7.333.257 azioni ordinarie e 18.316.743 azioni di classe A. Dopo lo split avrà circa 733.326 azioni ordinarie e 1.831.675 azioni di classe A in circolazione, escluse le azioni emesse per warrant. I warrant saranno adeguati in proporzione; le azioni frazionarie saranno arrotondate per eccesso. Lo split mira a soddisfare il requisito minimo di offerta NASDAQ di $1,00 per la continuazione della quotazione.
iOThree (Nasdaq: IOTR) anunció una división inversa de acciones de 1 a 10 vigente a partir del 10 de noviembre de 2025. Las acciones post-split seguirán negociándose bajo IOTR con un nuevo CUSIP G4940T112 y un valor nominal de $0.0625 por acción.
Antes de la división, la empresa tenía 7,333,257 acciones ordinarias y 18,316,743 acciones de clase A. Después de la división tendrá aproximadamente 733,326 acciones ordinarias y 1,831,675 acciones de clase A en circulación, excluyendo acciones emitidas por warrants. Los warrants se ajustarán de manera proporcional; las fracciones de acciones se redondearán al alza. La división tiene como objetivo cumplir con el requisito de precio mínimo de $1.00 de NASDAQ para seguir cotizando.
iOThree (나스닥: IOTR)은 1대 10 역주식 분할을 2025년 11월 10일부로 실행한다고 발표했습니다. 분할 후 주식은 IOTR로 계속 거래되며 새 CUSIP은 G4940T112, 주당 액면가가 USD 0.0625가 됩니다.
분할 전 회사는 7,333,257주의 보통주와 18,316,743주 의 클래스 A 주식이 있었습니다. 분할 후에는 약 733,326주 보통주와 1,831,675주 클래스 A 주식이 발행 잔여주로 남게 되며, 워런트 발행 주식은 제외됩니다. 워런트는 비례적으로 조정되며 소수 주식은 올림 처리됩니다. 이 분할의 목적은 NASDAQ의 $1.00 최소 호가 요건을 충족하여 상장을 계속 유지하기 위함입니다.
iOThree (Nasdaq : IOTR) a annoncé une division inverse d'actions de 1 pour 10 effective le 10 novembre 2025. Les actions post-split continueront d'être négociées sous le symbole IOTR avec un nouveau CUSIP G4940T112 et une valeur nominale de $0,0625 par action.
Avant la scission, la société détenait 7 333 257 actions ordinaires et 18 316 743 actions de classe A. Après la scission, elle détiendra environ 733 326 actions ordinaires et 1 831 675 actions de classe A en circulation, hors les actions émis pour les warrants. Les warrants seront ajustés proportionnellement; les fractions d’actions seront arrondies à l’entier supérieur. La scission vise à satisfaire l’exigence minimale de cotation NASDAQ de 1,00 $.
iOThree (Nasdaq: IOTR) kündigt eine 1-für-10 Reverse Split-Aktienaufteilung an, die am 10. November 2025 in Kraft tritt. Die Aktien nach dem Split werden weiterhin unter dem Symbol IOTR mit einer neuen CUSIP G4940T112 und einem Nennwert von 0,0625 USD pro Aktie gehandelt.
Vor dem Split hatte das Unternehmen 7.333.257 Stammaktien und 18.316.743 Klasse-A-Aktien. Nach dem Split werden ca. 733.326 Stammaktien und 1.831.675 Klasse-A-Aktien ausstehend sein, ausgenommen Aktien, die durch Warrants ausgestellt werden. Warrants werden anteilig angepasst; Bruchteile von Aktien werden aufgerundet. Der Split soll die NASDAQ-Anforderung von 1,00 USD als Mindestkurs erfüllen, um die Listung fortzusetzen.
iOThree (ناسداك: IOTR) أعلن عن تقسيم عكسي للأسهم بمقدار 1 مقابل 10 اعتباراً من 10 نوفمبر 2025. ستستمر الأسهم بعد التقسيم في التداول تحت الرمز IOTR مع CUSIP جديد G4940T112 وقيمة اسمية قدرها $0.0625 للسهم الواحد.
قبل التقسيم، كانت الشركة تمتلك 7,333,257 سهماً عاديًا و18,316,743 سهماً من الفئة أ. بعد التقسيم سيكون لديها نحو 733,326 سهماً عادياً و1,831,675 سهماً من الفئة أ قائمين، باستثناء الأسهم القابلة لإصدارها بموجب المراسلة. سيتم تعديل العروض (الوارنت) بشكل比例؛ سيتم تقريب الكسور إلى الأعلى. يهدف التقسيم إلى تلبية متطلب NASDAQ لحد أدنى للسعر قدره $1.00 لاستمرار الإدراج.
- Expected per-share price increase to meet NASDAQ $1.00 requirement
- New CUSIP assigned: G4940T112
- Warrants adjusted proportionately, preserving economic rights
- Outstanding Ordinary shares reduced ~90% to ~733,326 post-split
- Reverse split may signal prior sub-$1 trading price
Insights
Reverse 1-for-10 share split effective
iOThree Limited will combine every ten Ordinary Shares into one share and begin trading on a split‑adjusted basis under the same symbol "IOTR" with new CUSIP G4940T112. The new par value will be
The split adjusts outstanding warrants proportionately, disallows fractional shares by rounding up to whole shares, and notes procedures for certificated holders via Broadridge. The stated purpose is to increase the per‑share price to satisfy the
Key dependencies and risks include actual post‑split market trading levels and NASDAQ compliance; these are the concrete metrics to watch. Monitor the trading price on and after
Singapore, Nov. 06, 2025 (GLOBE NEWSWIRE) -- iOThree Limited (Nasdaq: IOTR, the "Company"), today announced that the shareholders and the board of directors of the Company approved a one-for-ten reverse share split of the Company’s issued and unissued ordinary shares (the “Ordinary Shares”), class A shares, and preferred shares. Beginning November 10, 2025, the Company’s Ordinary Shares will be trading on a split-adjusted basis under the same symbol “IOTR” but with a new CUSIP number, G4940T112, and a new par value of
As a result of the reverse share split, each ten Ordinary Shares outstanding will automatically combine and convert to one issued and outstanding Ordinary Share without any action on the part of shareholders who hold their shares in brokerage accounts or “street name.” Shareholders holding certificates of Ordinary Shares are expected to receive instructions from the Company’s transfer agent, Broadridge Corporate Issuer Solutions, Inc., regarding procedures for exchanging share certificates. All outstanding warrants to purchase the Company’s Ordinary Shares will be adjusted proportionately as a result of the reverse share split. No fractional shares will be issued as a result of the reverse share split, and instead, all such fractional shares resulting from the reverse share split will be rounded up to the nearest whole share.
The reverse share split is intended to increase the per share trading price of the Ordinary Shares to satisfy the
About iOThree Limited
iO3 is a leading provider of maritime digital technologies, offering a comprehensive range of solutions and services to optimize vessel operations, enhance safety, and improve overall efficiency. With a commitment to driving digital innovation in the maritime industry, iO3 empowers shipowners to adapt to evolving market demands and embrace the benefits of advanced technologies. For further information, visit www.io3.sg and https://www.linkedin.com/company/io3-pte-ltd.
Safe Harbor Statement
Certain statements in this release constitute forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “forecast,” “project,” “intend,” “expect,” “plan,” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company’s previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release, other than as required by applicable law.
For further information, please contact:
iOThree Limited
Investor Relations: ir@io3.sg
FAQ
When does the iOThree 1-for-10 reverse split (IOTR) take effect?
How many IOTR Ordinary Shares will be outstanding after the 1-for-10 reverse split?
What happens to IOTR shareholders who hold certificates after the reverse split?
Will IOTR warrants be affected by the 1-for-10 reverse split?
Why did iOThree implement the 1-for-10 reverse split for IOTR?
Will IOTR fractional shares be issued after the reverse split?
