Republic Power Group Limited Announces 1-For-16 Reverse Share Split

The 1-for-16 reverse split is intended to support Republic Power’s continued Nasdaq listing by targeting the $1.00 minimum bid price.

Rhea-AI Summary

Republic Power Group Limited (RPGL) will implement a 1-for-16 reverse share split of its Class A and Class B ordinary shares, effective at the open of business on September 25, 2026.

Class A Ordinary Shares will begin trading on a split-adjusted basis on Nasdaq that day, continue under the symbol RPGL, and receive a new CUSIP, G7523E139. The Class A par value will change from $0.50 to $8.0 per share. The reverse split will reduce issued and outstanding Class A shares from 16,705,568 to approximately 1,044,098, subject to adjustments from fractional share treatment. No fractional shares will be issued; fractional interests will be rounded up to the nearest whole share. The company states that the split is intended to help maintain compliance with Nasdaq’s $1.00 minimum bid price requirement.

Positive

• Reverse split 1-for-16 effective September 25, 2026
• Outstanding Class A shares cut from 16,705,568 to approximately 1,044,098
• Action intended to maintain Nasdaq listing by meeting $1.00 minimum bid requirement

Negative

• Company states it cannot assure post-split share price will track the 1-for-16 ratio or be maintained

News Explained

Although the company expects the reverse split to raise the per-share trading price in line with the split ratio, it says that price level is not assured, may not persist, and may not stay above the pre-split level; the split itself does not change company value.

Argus 15 min delay 24 alerts

-11.58% vs previous close $1.26 last price 3.1x rel. volume Open Argus

Details

Market move: RPGL -11.58% vs previous close. 1-for-16 reverse share split

-33.3% Trough in 50 min

$1.26 $1.41 Day Range

$20.35M Market Cap

On Sep 23, the day this news came out, the latest delayed price for RPGL is 11.58% below the previous close. Argus tracked a trough of -33.3% from its starting point during tracking. Our momentum scanner has recorded 24 alerts for this stock so far that day. The latest delayed price is $1.26. Relative volume is very high at 3.1x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

On Sep 23, the day this news came out, the latest delayed price for the stock is 11.6% below the pre...

Analysis

On Sep 23, the day this news came out, the latest delayed price for the stock is 11.6% below the previous close. The February 19 RPGL reverse-split announcement had a 14.16% 24-hour decline in the historical record; it is relevant as a comparable prior split, but does not establish causation or show how this announcement will trade.

Key Figures

Reverse share split ratio: 1-for-16 Effective date: September 25, 2026 Class A shares outstanding: 16,705,568 to approximately 1,044,098 shares +2 more

Reverse share split ratio

1-for-16

Class A and Class B ordinary shares

Effective date

September 25, 2026

At the open of business

Class A shares outstanding

16,705,568 to approximately 1,044,098 shares

Post-split amount subject to fractional-share adjustments

Minimum bid price requirement

$1.00 per Class A ordinary share

Nasdaq continued-listing requirement cited by the company

Post-split par value

$8.0 per share

Class A ordinary shares

Previous Stock split Reports

2 past events · Latest: May 26

Same Type 2 events

1. May 26

   Reverse share split

   24h Move

   -13.8%

   Prior 1-for-40 reverse split intended to restore Nasdaq minimum bid-price compliance

2. Feb 19

   Reverse share split

   24h Move

   -14.2%

   Prior 1-for-20 reverse split intended to regain Nasdaq minimum bid-price compliance

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

par value, cusip number, erp

3 terms

par value financial

"Class A ordinary shares, par value $0.50 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

cusip number financial

"with the new CUSIP number, G7523E139"

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

erp technical

"enterprise resource planning (“ERP”) software solutions"

ERP, or Enterprise Resource Planning, is a comprehensive software system that helps organizations manage and integrate core business processes such as finance, supply chain, and human resources in one unified platform. For investors, ERP systems can indicate how efficiently a company operates; strong and well-integrated systems often suggest good management and potential for sustainable growth.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Singapore, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Republic Power Group Limited (NASDAQ: RPGL), today announced that it will effect a reverse share split of its Class A ordinary shares, par value $0.50 per share (the “Class A Ordinary Shares”) and Class B ordinary shares, par value $0.50 per share (the “Class B Ordinary Shares”), at a ratio of 1-for-16, to be effective at the open of business on September 25, 2026.

Our Class A Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market (“Nasdaq”) on September 25, 2026. There is no public market for our Class B Ordinary Shares. Following the reverse share split, the Class A Ordinary Shares will have a new par value of $8.0 per share and will continue to trade on Nasdaq under the symbol “RPGL” with the new CUSIP number, G7523E139. The reverse share split is expected to lead the Company’s Class A Ordinary Shares to trade at approximately 16 times the price per share at which it trades prior to the effectiveness of the reverse share split. The Company, however, cannot assure that the price of its Class A Ordinary Shares after the reverse split will reflect the 1-for-16 reverse split ratio, that the price per share following the effective time of the reverse split will be maintained for any period of time, or that the price will remain above the pre-split trading price. The reverse share split is intended for the Company to maintain compliance with the minimum bid price requirement of $1.00 per Class A Ordinary Share for continued listing on Nasdaq.

No fractional shares will be issued in connection with the reverse share split and all such fractional interests will be rounded up to the nearest whole number of Class A Ordinary Shares.

The reverse share split will reduce the number of issued and outstanding shares of the Company’s Class A Ordinary Shares from 16,705,568 to approximately 1,044,098 shares, subject to any adjustments resulting from the treatment of the fractional shares.

On August 28, 2026, the board of directors of the Company approved the reverse share split of the Class A Ordinary Shares and Class B Ordinary Shares, at a ratio of 1-for-16.

Transhare Corporation is acting as the exchange agent and paying agent for the reverse share split. Shareholders holding their shares in book-entry form or in brokerage accounts need not take any action in connection with the reverse share split.

Transhare Corporation will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis. Shareholders are encouraged to contact their bank, broker or custodian with any procedural questions.

About Republic Power Group Limited

Republic Power Group Ltd. is a Singapore-based company engaged in developing customized enterprise resource planning (“ERP”) software solutions, consulting and technical support services, and peripheral hardware.

For more information on our latest innovations and developments, visit https://republicpower.net/.   

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. 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. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company's goals and strategies; the Company's future business development; the Company’s future acquisition opportunities; the Company’s ability to identify any acquisition opportunities that fit with our business strategies; the Company’s ability to consummate an attractive acquisition and realize the benefits of such transaction; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For investor and media inquiries, please contact:

Republic Power Group Limited
Email: ir@republicpower.net

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will RPGL shares start trading on a reverse split-adjusted basis?

Class A Ordinary Shares are scheduled to begin trading on a reverse share split-adjusted basis on September 25, 2026, at the opening of Nasdaq.

How are fractional shares treated in Republic Power’s reverse split?

No fractional shares will be issued in the reverse share split. Any fractional interests will be rounded up to the nearest whole number of Class A Ordinary Shares.

Do shareholders need to take any action for the reverse share split?

Shareholders holding RPGL shares in book-entry form or in brokerage accounts do not need to take any action. Transhare Corporation will send instructions to shareholders who hold physical share certificates on how to exchange pre-split certificates for book-entry ownership or post-split certificates.

What role does Transhare Corporation play in the reverse share split?

Transhare Corporation is acting as the exchange agent and paying agent for the reverse share split and will manage the exchange process for certificated shareholders.

What is expected to happen to RPGL’s share price after the reverse split?

The company expects its Class A Ordinary Shares to trade at approximately 16 times the pre-split price per share after the reverse split becomes effective, but it cautions that there is no assurance the price will reflect the 1-for-16 ratio, be maintained for any period, or remain above the pre-split trading price.

What is the new par value and CUSIP for Republic Power’s Class A shares?

Following the reverse share split, the Class A Ordinary Shares will have a new par value of $8.0 per share and will trade on Nasdaq under the symbol RPGL with the new CUSIP number G7523E139.

Is there a public market for Republic Power’s Class B Ordinary Shares?

There is no public market for the company’s Class B Ordinary Shares.