Republic Power Group Limited Announces 1-For-40 Reverse Share Split
Rhea-AI Summary
Republic Power Group (NASDAQ: RPGL) approved a 1-for-40 reverse share split of its Class A and Class B ordinary shares, effective at the open of business on May 28, 2026.
The move reduces Class A shares from 42,595,614 to about 1,064,891 and aims to restore Nasdaq $1.00 bid-price compliance.
AI-generated analysis. Not financial advice.
Positive
- Reverse share split aims to regain Nasdaq $1.00 minimum bid price compliance
- Class A share count reduced from 42,595,614 to approximately 1,064,891
- No fractional Class A shares; positions rounded up to nearest whole share
Negative
- Company gives no assurance post-split price will reflect full 1-for-40 ratio
- No assurance post-split share price will be maintained or stay above pre-split level
Market Reaction – RPGL
Following this news, RPGL has declined 8.17%, reflecting a notable negative market reaction. Argus tracked a trough of -11.1% from its starting point during tracking. Our momentum scanner has triggered 5 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $0.27. This price movement has removed approximately $1M from the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Market Reality Check
Peers on Argus
No peers from the Technology / Software - Application group appeared in the momentum scan; recent move and reverse split news look stock-specific rather than sector-driven.
Previous Stock split Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 19 | Reverse share split | Neutral | -14.2% | Announced 1-for-20 reverse split to support Nasdaq $1.00 bid compliance. |
Prior reverse split news on Feb 19, 2026 saw a -14.16% next-day move, indicating investors previously reacted negatively to share consolidation aimed at bid-price compliance.
Over recent months, Republic Power Group moved from receiving a Nasdaq bid-deficiency notice on Jan 5, 2026 to implementing a 1-for-20 reverse split on Feb 19, 2026 to address the $1.00 minimum bid rule. Despite that action, the stock now trades at $0.29, prompting a new 1-for-40 reverse share split. The current announcement continues this focus on maintaining Nasdaq listing compliance through share consolidations.
Historical Comparison
In the past 6 months, RPGL announced one reverse split tagged as 'stock split', which led to an average move of -14.16%. Today’s new 1-for-40 split follows a similar compliance-driven playbook.
The company executed a 1-for-20 reverse split in February 2026 and has now moved to a steeper 1-for-40 consolidation, both framed as tools to regain or maintain Nasdaq $1.00 bid-price compliance.
Market Pulse Summary
The stock is down -8.2% following this news. A negative reaction despite the mechanical nature of the 1-for-40 reverse split would fit the pattern from February’s reverse split, which saw a -14.16% move. With the stock at $0.29 and well below the $10.12 200-day MA, another consolidation may underscore dilution history and bid-compliance pressure rather than improving fundamentals, leaving investors wary of the long slide from the $103.8 52-week high.
Key Terms
par value financial
cusip number technical
exchange agent financial
AI-generated analysis. Not financial advice.
Singapore, May 26, 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
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 May 28, 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
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 42,595,614 to approximately 1,064,891 shares, subject to any adjustments resulting from the treatment of the fractional shares.
On May 12, 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-40.
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
