Springview Announces 1-for-8 Reverse Share Split Effective December 2, 2025

Rhea-AI Summary

Springview Holdings (Nasdaq: SPHL) announced a 1-for-8 reverse share split of its Class A ordinary shares, approved on November 24, 2025, effective for trading on a post-split basis December 2, 2025.

Each eight pre-split Class A shares will be combined into one post-split Class A share and the par value will change from US$0.0001 to US$0.0008. Issued and outstanding Class A shares will be reduced from 13,217,629 to approximately 1,652,204. Class B shares are not affected. The Class A shares will continue to trade under the symbol SPHL on Nasdaq with a new CUSIP G83761117. Fractions will be rounded up; VStock Transfer will act as exchange agent for certificate surrender and exchanges.

Positive

• Reverse split aims to increase market price to maintain Nasdaq listing
• Issued Class A shares reduced from 13,217,629 to ~1,652,204

Negative

• New CUSIP G83761117 may cause trading or settlement confusion
• Post-split share count reduction could decrease liquidity in Class A shares

Insights

Corporate Finance Analyst

Reverse 1-for-8 split aims to raise per‑share price to preserve Nasdaq listing; reduces float and consolidates Class A equity.

The board approved a one-for-eight reverse split on Nov 24, 2025 with post-split trading commencing Dec 2, 2025. This will reduce issued Class A shares from 13,217,629 to about 1,652,204 and change par value from US$0.0001 to US$0.0008. The Class B shares are unaffected and the ticker and market remain the same.

The business mechanism is straightforward: fewer shares outstanding raise the nominal share price per unit, addressing minimum listing-price requirements. Key dependencies include market reception to the higher per-share price and continued compliance with Nasdaq rules; the action does not change underlying ownership percentages for holders of whole shares and creates no fractional-share cash-outs because entitlements are rounded up.

Watch for immediate liquidity effects and trading volume in the days after Dec 2, 2025, any accompanying disclosure about listing compliance, and whether management follows with operational or financial updates. Time horizon for observing meaningful impact: short term (days–weeks) for liquidity and listing status, medium term (quarters) if further capital actions occur.

Singapore, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Springview Holdings Ltd (Nasdaq: SPHL) ("SPHL" or "we," "our," or the "Company"), a leading designer and builder of residential and commercial properties in Singapore, today announced that on November 24, 2025, its board of directors approved a reverse split of its Class A ordinary shares on a one-for-eight basis (the “Reverse Share Split”), and a change in par value of its Class A ordinary shares from US$0.0001 to US$0.0008. The Company’s Class B ordinary shares are not affected by the Reverse Share Split. The Company’s Class A ordinary shares will begin trading on a post-split basis on December 2, 2025.

As a result of the Reverse Share Split, each eight (8) pre-split Class A ordinary shares of the Company will be automatically combined into one (1) Class A ordinary share without any action on the part of the holders, with par value of the Class A ordinary shares of the Company being changed from US$0.0001 per share to US$0.0008 per share, and the Company’s issued and outstanding Class A ordinary shares will be reduced from 13,217,629 to approximately 1,652,204. The Company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “SPHL” under a new CUSIP number – G83761117. The Reverse Share Split is intended to increase the market price per share of the Company’s Class A ordinary shares to allow the Company to maintain its Nasdaq listing.

No fractional shares will be issued as a result of the Reverse Share Split. Shareholders who would be entitled to a fractional share as a result of the 8 for 1 Reverse Split shall have their entitlement rounded up to the nearest whole share.

The Company’s transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Class A ordinary 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 Springview Holdings Ltd

Springview Holdings Ltd (Nasdaq: SPHL) designs and constructs residential and commercial buildings in Singapore, with an operating history dating back to 2002. Springview’s projects cover four main types of work: new construction, reconstruction, additions and alterations, and other general contracting services. With a skilled team of in-house experts, the Company provides a one stop solution that fosters strong customer relationships, offering a comprehensive range of services such as design, construction, furniture customization and project management. The Company also offers post-project services, including defect repairs and maintenance, that further enhances its customer engagement and future project opportunities. For more information, please visit the Company’s website: https://ir.springviewggl.com/.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this announcement are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. All statements other than statements of historical facts included in this announcement are forward-looking statements. Forward-looking statements include, but are not limited to, express or implied statements regarding expectations, hopes, beliefs, intentions or strategies of the Company regarding the future including, without limitation, express or implied statements regarding: the expected completion of the Private Placement, the potential full exercise of the warrant and the additional proceeds therefrom. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Forward-looking statements are based on current expectations and assumptions that, while considered reasonable are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties.  The Company’s actual results may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include the risks and uncertainties described in the Company’s annual report on Form 20-F, and the Company’s other filings with the Commission. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

For more information, please contact:
Springview Holdings Ltd
Investor Relations Department
Email: ir@springviewggl.com

FAQ

What is the effective date of Springview's 1-for-8 reverse split for SPHL?

The reverse split will begin trading on a post-split basis on December 2, 2025.

How many Springview Class A shares will be outstanding after the SPHL reverse split?

Issued and outstanding Class A shares will be reduced to approximately 1,652,204 from 13,217,629.

Will Springview Class B shares be affected by the SPHL 1-for-8 reverse split?

No. The company's Class B ordinary shares are not affected by the reverse split.

What happens to fractional SPHL shares after the 8-for-1 reverse split?

No fractional shares will be issued; fractional entitlements will be rounded up to the nearest whole share.

Will SPHL remain listed on Nasdaq after the reverse split?

Yes. Class A ordinary shares will continue to trade on Nasdaq under the symbol SPHL with a new CUSIP.