XBP Global Holdings, Inc. Announces 1-for-10 Reverse Stock Split

Rhea-AI Summary

XBP Global (NASDAQ: XBP) announced a 1-for-10 reverse stock split of its common stock, effective at 5:00 p.m. ET on December 12, 2025, with trading on a split-adjusted basis to begin on the Nasdaq at market open on December 15, 2025. The split was authorized by stockholders on July 25, 2025. Following the reverse split, XBP Global will have approximately 11.75 million issued and outstanding shares.

No fractional shares will be issued; holders entitled to fractions will receive cash based on the Nasdaq closing price on the effective date. Outstanding warrants, options, RSUs, and other derivatives will be adjusted proportionately, including exercise prices and conversion ratios.

Positive

• Reverse split ratio set at 1-for-10
• Split effective Dec 12, 2025; trading adjusted Dec 15, 2025
• Post-split shares issued and outstanding ~11.75 million

Negative

• No fractional shares issued; fractional holders receive cash based on closing price
• Company warned of risk: possible failure to regain or maintain Nasdaq listing

Key Figures

Reverse stock split ratio 1-for-10 Board-approved reverse split of common stock

Effective time 5:00 p.m. Eastern Time Reverse split effective on December 12, 2025

Split-adjusted trading date December 15, 2025 Nasdaq Capital Market split-adjusted trading start

Post-split shares Approximately 11.75 million shares Common stock issued and outstanding after reverse split

Countries 20 countries XBP Global operational presence

Employees Approximately 11,000 employees Company workforce size

Clients Over 2,500 clients Client base including many Fortune 100

Current share price $0.6497 Pre-announcement trading level vs 52-week range

Market Reality Check

$0.6497 Last Close

Volume Volume 86,388 versus 20-day average 206,959 (relative volume 0.42), indicating subdued trading ahead of the reverse split. low

Technical Shares at $0.6497, trading below the 200-day MA of $0.91 and 74.62% below the 52-week high of $2.5599.

Peers on Argus

XBP traded down 3.83% while peers showed mixed moves: ALAR down 3.73%, but LIDR, MLGO, AISP, and HPAI up between 2.13% and 7.8%, suggesting stock-specific dynamics rather than a uniform sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 03	Investor conference	Positive	+0.7%	Participation in Sidoti virtual investor conference with management presentations and meetings.
Dec 02	Strategic engagement	Positive	+0.4%	Multi-year Region Uppsala engagement expanding public-sector workflow footprint in Europe.
Nov 25	Community sponsorship	Positive	+2.8%	Sponsorship of Palisades Turkey Trot with community match commitment and brand visibility.
Nov 21	Public sector contract	Positive	+5.7%	Digital transformation contract with Saarland State Administration Office via XBP Europe.
Nov 14	Earnings and M&A	Positive	+11.1%	Q3 2025 results and Exela BPA acquisition details with margin and EBITDA improvement.

Pattern Detected

Across the last five news items, each announcement was followed by a positive 24-hour price reaction, indicating recent news flow has coincided with constructive short-term trading responses.

Recent Company History

Over the last month, XBP released earnings on Nov 14, 2025, showing revenue and margin details tied to its Exela BPA acquisition, followed by multiple public-sector contract wins in Europe and community sponsorship news. These events saw 24-hour gains from 0.42% to 11.06%. The current 1-for-10 reverse split announcement follows this stretch of generally positive price responses to corporate updates.

Market Pulse Summary

The stock is dropping -14.1% following this news. A negative reaction despite the largely mechanical nature of a 1-for-10 reverse split would contrast with the company’s recent history of positive moves following news. With shares at $0.6497, well below the $2.5599 52-week high and under the $0.91 200-day MA, pressure around listing compliance and investor perception of the split could have amplified downside risk.

Key Terms

reverse stock split financial

"approved a 1-for-10 reverse stock split of the Company’s common stock."

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

Nasdaq Capital Market regulatory

"begin trading on a split-adjusted basis on the Nasdaq Capital Market at market open"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

warrants financial

"Outstanding warrants, stock options, restricted stock units, and other derivative securities"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

restricted stock units financial

"Outstanding warrants, stock options, restricted stock units, and other derivative securities"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative securities financial

"restricted stock units, and other derivative securities will be adjusted proportionately"

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

forward-looking statements regulatory

"This press release contains “forward-looking statements” within the meaning of"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

IRVING, Texas, Dec. 05, 2025 (GLOBE NEWSWIRE) -- XBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ: XBP), a global leader in workflow automation and digital transformation, today announced that its Board of Directors has approved a 1-for-10 reverse stock split of the Company’s common stock. The reverse split will become effective at 5:00 p.m. Eastern Time on December 12, 2025. The Company’s common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market at market open on December 15, 2025.

The reverse stock split was previously authorized by XBP Global’s stockholders at the Annual Meeting held on July 25, 2025. Following the reverse split, every ten shares of issued and outstanding common stock will automatically be combined into one share. No fractional shares will be issued in connection with the reverse stock split. Stockholders who otherwise would be entitled to receive fractional shares of common stock will be entitled to receive cash equal to the product obtained by multiplying the closing price per share of the Company’s common stock as reported on the Nasdaq Capital Market as of the effective date of the reverse stock split by the fraction of one share to which such stockholder would be entitled.

Immediately following the effectiveness of the reverse split, XBP Global will have approximately 11.75 million shares of common stock issued and outstanding. Outstanding warrants, stock options, restricted stock units, and other derivative securities will be adjusted proportionately to reflect the reverse stock split, including corresponding adjustments to exercise prices and conversion ratios.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. These statements include financial forecasts, projections, and other statements about future operations, financial position, business strategy, market opportunities, and trends. Forward-looking statements can often be identified by terms such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “target,” “project,” “could,” “would,” “continue,” “forecast,” or similar expressions. All forward-looking statements are based on current expectations, estimates, forecasts, and assumptions that are inherently uncertain and subject to risks and factors that could cause actual results to differ materially. These risks and factors include, but are not limited to: (1) risks related to the acquisition, including the inability to realize anticipated benefits, potential disruptions to operations, and costs associated with the acquisition; (2) legal proceedings and related uncertainties; (3) failure to regain or maintain compliance with Nasdaq listing standards; (4) competition and changes in market conditions; (5) economic, geopolitical, and regulatory developments; (6) challenges in retaining clients, employees, and suppliers; and (7) other risks detailed in the Company’s filings with the SEC, including the “Risk Factors” section of its Annual Report on Form 10-K for 2025, filed on March 19, 2025, and the definitive proxy statement for the 2025 annual meeting of stockholders. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by law, XBP Global undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances. There can be no assurance that XBP Global or its subsidiaries will achieve the results projected in these statements.

About XBP Global

XBP Global is a multinational technology and services company powering intelligent workflows for organizations worldwide. With a presence in 20 countries and approximately 11,000 employees, XBP Global partners with over 2,500 clients, including many of the Fortune 100, to orchestrate mission-critical systems that enable hyper-automation.

Our proprietary platforms, agentic AI-driven automation, and deep domain expertise across industries and the public and private sectors enable our clients to entrust us with their most impactful digital transformations and workflows. By combining innovation with execution excellence, XBP Global helps businesses reimagine how they work, transact, and unlock value.

For more news, commentary, and industry perspectives, visit: https://www.xbpglobal.com

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Contacts:

Investor Relations: David Shamis, investors@xbpglobal.com

Media Inquiries: Srushti Rao, press@xbpglobal.com

FAQ

What is the reverse stock split ratio for XBP (NASDAQ: XBP)?

XBP announced a 1-for-10 reverse stock split of its common stock.

When does the XBP reverse split become effective and when will trading be adjusted?

The reverse split is effective at 5:00 p.m. ET on December 12, 2025, and shares will trade on a split-adjusted basis starting December 15, 2025.

How many XBP shares will be outstanding after the reverse split?

Immediately following the reverse split, XBP will have approximately 11.75 million shares issued and outstanding.

Will XBP issue fractional shares after the reverse split and what happens to fractional entitlements?

No fractional shares will be issued; stockholders entitled to fractional shares will receive cash equal to the closing Nasdaq price on the effective date multiplied by the fractional share.

How will XBP warrants, options, and RSUs be affected by the reverse split?

Outstanding warrants, stock options, restricted stock units, and other derivatives will be adjusted proportionately, including exercise prices and conversion ratios.

Was the XBP reverse split approved by shareholders and when?

Yes. The reverse split was authorized by XBP stockholders at the Annual Meeting on July 25, 2025.