ZETA NETWORK GROUP ANNOUNCES REVERSE SHARE SPLIT

Zeta Network Group (Nasdaq: ZNB) announced a 100-for-1 reverse share split approved February 10, 2026, effective March 12, 2026, to regain compliance with Nasdaq Marketplace Rule 5550(a)(2).

Rhea-AI Summary

Zeta Network Group (Nasdaq: ZNB) announced a 100-for-1 reverse share split approved February 10, 2026, effective March 12, 2026, to regain compliance with Nasdaq Marketplace Rule 5550(a)(2). Beginning March 12, 2026, shares will trade on a split-adjusted basis under symbol ZNB with new CUSIP G2287A142.

The Company's authorized share capital is re-denominated so Class A par value rises to $0.25 and issued Class A shares change from 158,079,166 to approximately 1,580,792; Class B shares change from 480 to 5.

Positive

• 100-for-1 consolidation effective March 12, 2026
• Issued Class A shares reduced to ~1,580,792
• Action intended to regain Nasdaq compliance under Rule 5550(a)(2)

Negative

• New CUSIP G2287A142 may cause temporary trading or settlement confusion
• Authorized and issued par value increases to $0.25, changing share denomination

Argus Mar 9 session

-11.34% close to close Open Argus

Details

News Market Reaction – ZNB

On Mar 9, the day this news came out, ZNB closed 11.34% below the previous close.

Data tracked by StockTitan Argus for the Mar 9 session.

Key Figures

Reverse split ratio: 100-for-1 Authorized capital: US$32,000,000.00 New authorized Class A: 112,000,000 shares +5 more

Reverse split ratio

100-for-1

Board-approved share consolidation ratio effective March 12, 2026

Authorized capital

US$32,000,000.00

Total authorized share capital before and after consolidation

New authorized Class A

112,000,000 shares

Authorized Class A Ordinary Shares post-consolidation at US$0.25 par

New authorized Class B

16,000,000 shares

Authorized Class B Ordinary Shares post-consolidation at US$0.25 par

Pre-split Class A outstanding

158,079,166 shares

Total issued and outstanding Class A ordinary shares before consolidation

Post-split Class A outstanding

1,580,792 shares

Total issued and outstanding Class A ordinary shares after consolidation

Pre-split Class B outstanding

480 shares

Total issued and outstanding Class B ordinary shares before consolidation

Post-split Class B outstanding

5 shares

Total issued and outstanding Class B ordinary shares after consolidation

Historical Context

5 past events · Latest: Feb 04

5 events

1. Feb 04

   Strategic initiative

   24h Move

   +1.1%

   Outlined focus on real-world asset tokenisation for institutional treasury strategy.

2. Feb 04

   Strategic initiative

   24h Move

   +1.1%

   Evaluated real-world asset tokenisation to diversify and optimize digital-asset treasury.

3. Oct 15

   Financing transaction

   24h Move

   -9.0%

   Large Bitcoin-backed private placement intended to strengthen balance sheet and treasury.

4. Oct 10

   Leadership change

   24h Move

   -6.5%

   Appointed Chief Investment Officer to oversee institutional digital-asset strategy.

5. Oct 08

   Equity offering

   24h Move

   -44.1%

   Announced $15 million registered direct offering of Class A shares and pre-funded warrants.

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

Key Terms

reverse share split, share consolidation, Nasdaq Marketplace Rule 5550(a)(2), CUSIP number

4 terms

reverse share split financial

"Zeta Network Group ... announced that the Company's board of directors approved ... a reverse share split"

A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.

share consolidation financial

"the authorised, issued, and outstanding shares of the Company be consolidated on a 100 for 1 ratio"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

Nasdaq Marketplace Rule 5550(a)(2) regulatory

"objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2)"

Nasdaq Marketplace Rule 5550(a)(2) sets a minimum share price requirement for companies listed on the Nasdaq Capital Market, typically requiring that a company’s common stock maintain a closing bid of at least $1.00 per share. It matters to investors because failure to meet this threshold can trigger a delisting review, which is similar to failing a safety inspection: the stock may be removed from the exchange or force corporate actions (like a reverse split) that change liquidity, visibility, and how easy it is to buy or sell the shares.

CUSIP number technical

"will trade ... under the same symbol "ZNB" but under a new CUSIP number"

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.

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

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NEW YORK, March 9, 2026 /PRNewswire/ -- Zeta Network Group ("Zeta" or the "Company") (Nasdaq: ZNB), today announced that the Company's board of directors approved on February 10, 2026, that the authorised, issued, and outstanding shares of the Company be consolidated on a 100 for 1 ratio with the marketplace effective date of March 12, 2026.

The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.

Beginning with the opening of trading on March 12, 2026, the Company's Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol "ZNB" but under a new CUSIP number, G2287A142.

As a result of the share consolidation, each 100 Class A ordinary shares outstanding will automatically combine and convert to one issued and outstanding Class A ordinary share without any action on the part of the shareholders. No fractional shares will be issued to any shareholders in connection with the share consolidation, and each shareholder will be entitled to receive one share of the Company in lieu of the fractional share of that class that would have resulted from the share consolidation.

At the time the share consolidation is effective, the Company's authorized share capital is changed from USD$32,000,000.00 divided into 11,200,000,000 granted Class A Ordinary shares with a nominal or par value of USD$0.0025 and 1,600,000,000 Class B Ordinary shares with a nominal or par value of USD$0.0025 each, to USD$32,000,000.00 divided into 112,000,000 Class A Ordinary shares with a nominal or par value of USD$0.25 each and 16,000,000 Class B Ordinary shares with a nominal or par value of USD$0.25 each. The Company's total issued and outstanding Class A ordinary shares will be changed from 158,079,166 Class A ordinary shares with a par value of US$0.0025 per share to approximately 1,580,792 Class A ordinary shares with a par value of US$0.25 per share. The Company's total issued and outstanding Class B ordinary shares will be changed from 480 Class B ordinary shares with a par value of US$0.0025 per share to 5 Class B ordinary shares with a par value of US$0.25 per share.

About Zeta Network Group (Nasdaq: ZNB)

Zeta Network Group (Nasdaq: ZNB) is a U.S.-listed digital infrastructure and financial technology company pioneering the convergence of traditional finance and the digital asset economy. The Company is developing a Bitcoin-centric institutional finance platform that integrates digital asset treasury management, Bitcoin liquidity aggregation, and sustainable Bitcoin mining operations, all within a regulated Nasdaq framework. 

Led by a global team of finance and technology experts, Zeta is redefining institutional digital finance by merging the governance and transparency of a public company with the innovation and scalability of blockchain to create a trusted bridge between capital markets and decentralized finance.

For more information, visit ir.thezetanetwork.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those projected. Forward-looking statements include, among other things, statements regarding anticipated financial performance, strategy, and the potential impact of the transaction described herein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Zeta Network Group undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

View original content:https://www.prnewswire.com/news-releases/zeta-network-group-announces-reverse-share-split-302707530.html

SOURCE Zeta Network Group

FAQ

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

What exactly is the ZNB 100-for-1 reverse share split and when is it effective?

The reverse split consolidates every 100 Class A shares into one share, effective March 12, 2026. According to the company, the consolidation was approved February 10, 2026, and trading will reflect the split-adjusted share count under symbol ZNB.

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

After the consolidation, ZNB will have approximately 1,580,792 Class A shares outstanding. According to the company, this results from converting 158,079,166 pre-split shares at the 100-for-1 ratio.

Why did Zeta Network Group (ZNB) perform the reverse split under Nasdaq rules?

Zeta executed the 100-for-1 consolidation to regain compliance with Nasdaq Marketplace Rule 5550(a)(2). According to the company, maintaining listing status on Nasdaq was the objective of the share consolidation.

Will ZNB shares trade under the same ticker or a new identifier after the split?

Shares will continue to trade under the same ticker ZNB but on a split-adjusted basis and a new CUSIP. According to the company, the new CUSIP will be G2287A142 beginning March 12, 2026.