Anvi Global OKs 1-for-20 reverse stock split
ANVI plans a 1-for-20 reverse stock split to help cure an OTCQB bid-price deficiency, pending SEC Schedule 14C clearance and FINRA approval.
Rhea-AI Filing Summary
ANVI GLOBAL HOLDINGS, INC. (ANVI) obtained majority stockholder written consent on September 4, 2026 to amend its Articles of Incorporation and implement a 1-for-20 reverse stock split of its issued and outstanding common stock. The approving holder owns 72,000,000 shares, or 60.03% of the 119,950,000 voting shares outstanding.
The reverse split is intended to address an OTCQB deficiency after ANVI’s bid price stayed below $0.01 for 30 consecutive days, triggering an initial cure deadline of October 5, 2026. The split will only become effective after SEC Schedule 14C clearance and FINRA approval, and at least 20 days following mailing of the definitive information statement.
Positive
- None.
Negative
- OTCQB bid-price deficiency and downgrade risk: ANVI’s minimum closing bid stayed below $0.01 for 30 consecutive days, leading to an OTCQB deficiency notice with an initial cure deadline of October 5, 2026 and the risk of a downgrade to the OTC Pink Open Market if compliance is not restored.
Filing Explained
The reverse split is approved but not effective; the filing also reports a delayed asset contribution and a pending 60-day cure-extension request.
The filing adds that the company pivoted to the approved reverse split after an intended exploration-mining-asset contribution was delayed; the split is not yet market-effective.
If completed, the 1-for-20 reverse split would reduce the number of shares and proportionally raise the per-share price, while the split itself would not change company value.
The company reports submitting a request for a 60-day listing cure-period extension after the asset transaction was delayed.
As of
At that quarter's operating cash-use rate, the cash balance equals
The implementation path remains SEC Schedule 14C clearance, FINRA approval, and at least 20 calendar days after the definitive information statement is mailed and distributed; the extension request is a separate listing-status matter.
Sources and calculations
- ANVI Global Holdings Form 8-K (2026-09-04)
- Reverse stock split definition (2026-07-17)
- ANVI latest quarterly financial figures (2027Q1)
- Available liquidity against the last reported quarterly operating outflow, in days at that rate $390 / ($14,369 / 92) = 2.5 days
8-K Event Classification
Key Figures
Key Terms
Reverse Stock Split market
Written Consent in lieu of a special meeting regulatory
Schedule 14C Information Statement regulatory
OTCQB Venture Market market
Continued Eligibility Criteria regulatory
FINRA Corporate Actions Gateway regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What corporate action did ANVI (ANVI) approve on September 4, 2026?
Why is ANVI (ANVI) pursuing a 1-for-20 reverse stock split?
When can ANVI’s reverse stock split become effective?
What ownership stake approved ANVI’s reverse stock split?
What OTCQB compliance issue does ANVI (ANVI) face and by when?
How will ANVI notify stockholders about the reverse stock split?
AI-generated analysis. How Rhea-AI works. Not financial advice.