EQUATOR Beverage Company Announces 1-for-2 Reverse Stock Split and 10,000,000 Authorized Shares Reduction
EQUATOR Beverage Company (OTCQB: MOJO) has announced a 1-for-2 reverse stock split along with a reduction in authorized shares from 20,000,000 to 10,000,000. The strategic initiative aims to strengthen the company's capital structure and improve trading efficiency.
The reverse split will consolidate two existing shares into one new share, subject to FINRA review. The company expects this move to enhance visibility with institutional investors, reduce trading volatility, and position itself for potential uplisting. Fractional shares will be rounded up, and shareholders won't need to take any action.
The company will continue its buyback program and emphasizes its commitment to disciplined financial management and long-term shareholder value creation.
EQUATOR Beverage Company (OTCQB: MOJO) ha annunciato un reverse stock split 1-per-2 insieme a una riduzione delle azioni autorizzate da 20.000.000 a 10.000.000. Questa iniziativa strategica mira a rafforzare la struttura del capitale dell'azienda e migliorare l'efficienza delle negoziazioni.
Il reverse split unirà due azioni esistenti in una nuova azione, soggetta alla revisione della FINRA. L'azienda prevede che questa operazione aumenterà la visibilità presso gli investitori istituzionali, ridurrà la volatilità del trading e la posizionerà per un possibile passaggio a un mercato superiore. Le azioni frazionarie saranno arrotondate per eccesso e gli azionisti non dovranno intraprendere alcuna azione.
L'azienda continuerà il suo programma di riacquisto azionario e sottolinea il suo impegno per una gestione finanziaria disciplinata e la creazione di valore a lungo termine per gli azionisti.
EQUATOR Beverage Company (OTCQB: MOJO) ha anunciado una consolidación inversa de acciones 1 por 2 junto con una reducción de las acciones autorizadas de 20,000,000 a 10,000,000. Esta iniciativa estratégica busca fortalecer la estructura de capital de la compañía y mejorar la eficiencia en la negociación.
La consolidación inversa combinará dos acciones existentes en una nueva acción, sujeta a revisión por FINRA. La empresa espera que esta medida aumente la visibilidad ante inversionistas institucionales, reduzca la volatilidad en el mercado y la prepare para una posible subida de cotización. Las acciones fraccionarias se redondearán al alza y los accionistas no necesitarán realizar ninguna acción.
La compañía continuará con su programa de recompra de acciones y enfatiza su compromiso con una gestión financiera disciplinada y la creación de valor a largo plazo para los accionistas.
EQUATOR Beverage Company (OTCQB: MOJO)는 1대 2 역병합과 함께 승인 주식 수를 20,000,000주에서 10,000,000주로 줄이겠다고 발표했습니다. 이 전략적 조치는 회사의 자본 구조를 강화하고 거래 효율성을 향상시키기 위한 것입니다.
역병합은 기존 주식 2주를 1주로 통합하는 것으로, FINRA 검토를 받게 됩니다. 회사는 이 조치가 기관 투자자들 사이에서 가시성을 높이고, 거래 변동성을 줄이며, 상장 시장 상향 가능성에 대비하는 데 도움이 될 것으로 기대합니다. 소수 주식은 올림 처리되며, 주주들은 별도의 조치를 취할 필요가 없습니다.
회사는 자사주 매입 프로그램을 계속 진행할 예정이며, 엄격한 재무 관리와 장기적인 주주 가치 창출에 대한 의지를 강조하고 있습니다.
EQUATOR Beverage Company (OTCQB : MOJO) a annoncé une fusion inversée d’actions au ratio de 1 pour 2 ainsi qu’une réduction du nombre d’actions autorisées de 20 000 000 à 10 000 000. Cette initiative stratégique vise à renforcer la structure du capital de l’entreprise et à améliorer l’efficacité des échanges.
La fusion inversée regroupera deux actions existantes en une nouvelle action, sous réserve de l’examen de la FINRA. La société s’attend à ce que cette opération améliore sa visibilité auprès des investisseurs institutionnels, réduise la volatilité des transactions et la prépare à une éventuelle montée en gamme. Les actions fractionnaires seront arrondies à la hausse, et les actionnaires n’auront aucune démarche à effectuer.
La société poursuivra son programme de rachat d’actions et souligne son engagement en faveur d’une gestion financière rigoureuse et de la création de valeur à long terme pour les actionnaires.
EQUATOR Beverage Company (OTCQB: MOJO) hat eine Reverse Stock Split im Verhältnis 1 zu 2 sowie eine Reduzierung der genehmigten Aktienanzahl von 20.000.000 auf 10.000.000 angekündigt. Diese strategische Maßnahme zielt darauf ab, die Kapitalstruktur des Unternehmens zu stärken und die Handelseffizienz zu verbessern.
Der Reverse Split wird zwei bestehende Aktien zu einer neuen Aktie zusammenfassen, vorbehaltlich der Prüfung durch FINRA. Das Unternehmen erwartet, dass dieser Schritt die Sichtbarkeit bei institutionellen Investoren erhöht, die Handelsvolatilität verringert und das Unternehmen für eine mögliche Notierungsaufwertung positioniert. Bruchstücke von Aktien werden aufgerundet, und Aktionäre müssen keine Maßnahmen ergreifen.
Das Unternehmen wird sein Rückkaufprogramm fortsetzen und betont sein Engagement für eine disziplinierte Finanzverwaltung und die Schaffung langfristiger Aktionärswerte.
- Reduction in authorized shares from 20M to 10M demonstrates commitment to minimizing dilution
- Strategic positioning for potential uplisting and institutional investor access
- Continuation of share buyback program indicates confidence in company value
- Higher share price may attract institutional investors and analyst coverage
- Reverse split may be perceived negatively by some market participants
- 20-day waiting period required before implementation
- Trading volatility may increase during transition period
Jersey City, New Jersey--(Newsfile Corp. - June 24, 2025) - EQUATOR Beverage Company (OTCQB: MOJO), maker of MOJO Energy and MOJO Coconut Water premium functional beverages, today announced that its Board of Directors and majority of voting shareholders have approved a 1-for-2 reverse stock split of the Company's common stock. In conjunction with the reverse split, the Company will also reduce its authorized shares from 20,000,000 shares to 10,000,000 shares. Completion of the reverse split and reduction in authorized shares is subject to FINRA notice and review, and will occur no sooner than 20 days following the mailing of an Information Statement to the non-consenting shareholders about the corporate actions.
The reverse stock split will consolidate two existing shares of EQUATOR Beverage Company's common stock into one new share. The Company is taking this action as part of a strategic initiative to strengthen its capital structure, improve trading efficiency, and better align its share price with institutional investor expectations.
Reasons for the Reverse Split and Share Reduction:
- Improved Capital Market Perception: A higher share price following the reverse split is expected to enhance the Company's visibility and credibility with institutional investors and research analysts, many of whom have minimum price requirements for coverage or investment.
- Reduced Volatility: Fewer shares outstanding can help reduce speculative trading and promote a more stable and efficient trading environment.
- Enhanced Institutional Access: Many brokerage firms and mutual funds have policies against investing in low-priced or high-volume shares. A higher share price may increase eligibility for inclusion in a broader range of portfolios.
- Shareholder Value Protection: By simultaneously reducing the number of authorized shares, the Company demonstrates a commitment to minimizing dilution and maintaining shareholder value over the long term.
- Preparation for Future Growth: The streamlined share structure is expected to help position the Company more competitively for potential uplisting, capital raises, or strategic partnerships.
Shareholders will not need to take any action regarding the reverse split. Fractional shares will be rounded up to the nearest whole share.
"We believe these changes mark a thoughtful and prudent step toward aligning our capital structure with our long-term strategic goals," said Glenn Simpson, Chairman & CEO of EQUATOR Beverage Company. "As we continue to scale our national beverage brands, this action reflects our commitment to disciplined financial management and creating long-term value for our shareholders."
The Company remains committed to continuing its buyback program until the stock price accurately reflects the Company's strong performance and long-term value.
Forward-Looking Statements
This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risk.
Information: www.equatorbeverage.com
Glenn Simpson
Chairman & CEO
EQUATOR Beverage Company
glennsimpson@equatorbeverage.com
917 574 1690
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256477
FAQ
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When will MOJO's reverse stock split take effect?
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