ReTo Eco-Solutions, Inc. Announces Share Combination
Rhea-AI Summary
ReTo Eco-Solutions (Nasdaq: RETO) announced a five-for-one share combination of its Class A shares, effective for trading on a post-combination basis beginning November 3, 2025. Each five pre-combination Class A shares will be combined into one Class A share, reducing issued and outstanding Class A shares from 7,327,491 to approximately 1,465,498. The par value will remain no par value and the shares will continue to trade on Nasdaq under the symbol RETO with a new CUSIP G75271133.
The company said the Share Combination is intended to increase the market price per share to help maintain its Nasdaq listing. No shareholder vote is required under British Virgin Islands law. VStock Transfer, LLC will act as exchange agent and will process adjustments for physical certificates. Fractional interests will be rounded by issuing an additional whole share to affected holders.
Positive
- Share count reduced from 7,327,491 to ~1,465,498
- Combination effective for trading on November 3, 2025
- Action intended to increase market price to maintain Nasdaq listing
Negative
- Share consolidation may reduce trading liquidity (fewer outstanding shares)
- No shareholder vote required under British Virgin Islands law
News Market Reaction
On the day this news was published, RETO declined NaN%, reflecting a moderate negative market reaction. Argus tracked a trough of -10.4% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
As a result of the Share Combination, each five (5) pre-combination Class A Shares will be automatically combined into one (1) Class A Share without any action on the part of the holders, with the number of issued and outstanding Class A Shares reduced from 7,327,491 to approximately 1,465,498. There will be no change to the par value of the Class A Shares, which will remain as no par value following the Share Combination. The Class A Shares will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "RETO" under a new CUSIP number – G75271133. The Share Combination is intended to increase the market price per share of the Class A Shares to allow the Company to maintain its Nasdaq listing.
No fractional shares will be issued as a result of the Share Combination. Shareholders who otherwise would be entitled to a fractional share because they hold a number of Class A Shares not evenly divisible by five will automatically be entitled to receive an additional share of the Class A Shares.
The Share Combination will not be submitted to a vote of the Company's shareholders as shareholder approval is not required under the laws of the
The Company's transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Class A shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.
About ReTo Eco-Solutions, Inc.
Founded in 1999, ReTo Eco-Solutions, Inc., through its operating subsidiaries in
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company's actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties. For example, there can be no assurance that the Company will remain in compliance and maintain its listing on Nasdaq. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company's business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
ReTo Eco-Solutions, Inc.
Tel: +86-010-64827328
Email: ir@retoeco.com or 310@reit.cc
View original content:https://www.prnewswire.com/news-releases/reto-eco-solutions-inc-announces-share-combination-302599183.html
SOURCE ReTo Eco-Solutions, Inc.
FAQ
What is the share combination for ReTo Eco-Solutions (RETO) and when does it take effect?
How many Class A shares will ReTo (RETO) have after the combination?
Will ReTo shareholders need to vote on the SHARE combination (RETO)?
Will ReTo (RETO) change its ticker or CUSIP after the share combination?
How will fractional shares from the ReTo (RETO) five-for-one combination be handled?
Who is handling the share exchange for ReTo (RETO) after the combination?
