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1-for-10 reverse split at Baiya International (NASDAQ: BIYA) targets Nasdaq bid rule

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Baiya International Group Inc. approved a 1-for-10 reverse stock split of its class A ordinary shares to help meet the Nasdaq Capital Market’s minimum $1.00 per share bid requirement. The change takes effect at 4:01 p.m. ET on July 10, 2026, with split-adjusted trading starting July 13, 2026 under the same BIYA ticker and a new CUSIP.

The reverse split will reduce the number of outstanding ordinary shares from 26,992,110 to approximately 2,699,211, with every 10 existing shares automatically combined into one share. No fractional shares will be issued, and all shareholders are affected uniformly. Holders in street name or book-entry do not need to take any action.

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Insights

Baiya consolidates shares 1-for-10 to address Nasdaq’s $1 bid rule.

Baiya International Group Inc. approved a 1-for-10 reverse stock split of its class A ordinary shares. This consolidates every 10 existing shares into one, primarily to help satisfy the Nasdaq Capital Market’s minimum $1.00 per-share bid requirement.

The move reduces outstanding ordinary shares from 26,992,110 to approximately 2,699,211 while keeping the overall equity value unchanged at execution. Economic ownership per investor remains proportional, since all holders are treated uniformly and no fractional shares are issued.

The split becomes effective on July 10, 2026, with split-adjusted trading from July 13, 2026 under ticker BIYA and a new CUSIP. Future company filings may clarify whether the share price stays above the required Nasdaq threshold over time.

Reverse split ratio 1-for-10 Class A ordinary shares reverse stock split ratio
Pre-split shares outstanding 26,992,110 shares Ordinary shares outstanding before reverse split
Post-split shares outstanding 2,699,211 shares Approximate ordinary shares outstanding after reverse split
Minimum bid requirement $1.00 per share Nasdaq Capital Market minimum bid price for listing
Effective time 4:01 p.m. ET Reverse split effectiveness on July 10, 2026
Split-adjusted trading date July 13, 2026 Date BIYA begins trading on split-adjusted basis
reverse stock split financial
"has approved a reverse stock split (the “Reverse Stock Split”) of the Company’s class A ordinary shares"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Nasdaq Capital Market financial
"for maintaining the listing of the Ordinary Shares on The Nasdaq Capital Market"
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.
Record Date financial
"will be effective at 04:01 p.m. (ET) on Friday, July 10, 2026 (the “Record Date”)"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
forward-looking statements regulatory
"This current report on Form 6-K contains “forward-looking statements” within the meaning of Section 27A"
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.
Form 6-K regulatory
"This current report on Form 6-K contains “forward-looking statements”"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

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FAQ

What reverse stock split did Baiya International Group Inc. (BIYA) approve?

Baiya International approved a 1-for-10 reverse stock split of its class A ordinary shares. Every 10 existing shares will be automatically combined into one share, changing only share count, not proportional ownership.

Why is Baiya International (BIYA) doing a reverse stock split?

The company is undertaking the reverse stock split to help meet the Nasdaq Capital Market’s minimum $1.00 per ordinary share bid requirement, which is needed to maintain its listing of ordinary shares on that market.

When does Baiya International’s reverse stock split take effect and begin trading?

The reverse stock split becomes effective at 4:01 p.m. ET on July 10, 2026. BIYA shares are expected to begin trading on a split-adjusted basis when the Nasdaq Stock Market opens on July 13, 2026.

How will Baiya International’s reverse split change the number of BIYA shares outstanding?

Outstanding ordinary shares will be reduced from 26,992,110 shares to approximately 2,699,211 shares. The reduction reflects the 1-for-10 consolidation of shares; each holder’s relative ownership percentage remains the same after the split.

Do Baiya International (BIYA) shareholders need to do anything for the reverse stock split?

Shareholders holding BIYA shares in book-entry form or through a bank, broker, or other nominee are not required to take any action. The reverse split adjustment will appear automatically in their accounts after July 13, 2026.

Will Baiya International (BIYA) issue fractional shares in the reverse split?

No, the company states that no fractional shares will be created or issued in connection with the reverse stock split. The split is designed to affect all holders of ordinary shares uniformly under the 1-for-10 ratio.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-42553

 

Baiya International Group Inc.

(Registrant’s Name)

 

Room 18022, Floor 18, 112 W. 34th Street

New York, NY 10120

(Address of Principal Executive Offices) 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F       Form 40-F 

 

 

 

 

 

Reverse Stock Split; Record Date

 

Baiya International Group Inc. (the “Company” or the “Registrant”) is reporting that its board of directors has approved a reverse stock split (the “Reverse Stock Split”) of the Company’s class A ordinary shares, a par value of US$0.0025 each (the “Ordinary Shares”), at a ratio of 1-for-10.

 

The Company is undertaking the Reverse Stock Split with the objective of meeting the minimum $1.00 per Ordinary Share bid requirement for maintaining the listing of the Ordinary Shares on The Nasdaq Capital Market.

 

The Reverse Stock Split will be effective at 04:01 p.m. (ET) on Friday, July 10, 2026 (the “Record Date”) and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market LLC opens for trading on Monday, July 13, 2026. The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the trading symbol “BIYA” but will trade under the following new CUSIP number: G07064 127.

 

The number of the Company’s pre-Reverse Stock Split outstanding shares is 26,992,110 Ordinary Shares. As a result of the Reverse Stock Split, every 10 Ordinary Shares held as of the Record Date will be automatically combined into one Ordinary Share. The number of outstanding Ordinary Shares will be reduced from 26,992,110 Ordinary Shares to approximately 2,699,211 Ordinary Shares. No fractional shares will be created or issued in connection with the  Reverse Stock Split. The Reverse Stock Split will affect all holders of Ordinary Shares uniformly.

 

Shareholders with Ordinary Shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the Reverse Stock Split reflected in their accounts on or after July 13, 2026. Such beneficial holders may contact their bank, broker, or nominee for more information.

 

Forward-Looking Statements

 

This current report on Form 6-K contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements can be also identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements.

 

These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading “Risk Factors”.

 

Issuance of Press Release

 

On July 8, 2026, the Company issued a press release regarding the Reverse Stock Split. A copy of the press release is filed as an exhibit to this Form 6-K as Exhibit 99.1.

 

1

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated July 8, 2026

 

2

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 8, 2026 By: Baiya International Group Inc.
     
    /s/ Linxi Xie
    Linxi Xie
    Chief Executive Officer

 

3

 

 

Exhibit 99.1

 

Baiya International Group Inc. Announces Reverse Split Record Date

 

Shenzhen, P.R. China, July 08, 2026 (GLOBE NEWSWIRE) -- Baiya International Group Inc. (NASDAQ: BIYA; the “Company” or “BIYA”), a human resource technology company utilizing its cloud-based internet platform to provide one-stop crowdsourcing recruitment and SaaS-enabled HR solutions is reporting that its board of directors has approved a reverse stock split (the “Reverse Stock Split”) of the Company’s class A ordinary shares, a par value of US$0.0025 each (the “Ordinary Shares”), at a ratio of 1-for-10, with a post- Reverse Stock Split par value of US$0.025.

 

The Company is undertaking the Reverse Stock Split with the objective of meeting the minimum $1.00 per Ordinary Share bid requirement for maintaining the listing of the Ordinary Shares on The Nasdaq Capital Market.

 

The Reverse Stock Split will be effective at 04:01 p.m. (ET) on Friday, July 10, 2026 (the “Record Date”) and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market LLC opens for trading on Monday, July 13, 2026. The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the trading symbol “BIYA” but will trade under the following new CUSIP number: G07064 127.

 

The number of the Company’s pre-Reverse Stock Split outstanding shares is 26,992,110 Ordinary Shares. As a result of the Reverse Stock Split, every 10 Ordinary Shares held as of the Record Date will be automatically combined into one Ordinary Share. The number of outstanding Ordinary Shares will be reduced from 26,992,110 Ordinary Shares to approximately 2,699,211 Ordinary Shares. No fractional shares will be created or issued in connection with the Reverse Stock Split. The Reverse Stock Split will affect all holders of Ordinary Shares uniformly.

 

Shareholders with Ordinary Shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the Reverse Stock Split reflected in their accounts on or after July 13, 2026. Such beneficial holders may contact their bank, broker, or nominee for more information.

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements can be also identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements.

 

These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading “Risk Factors”.

 

For investor and media inquiries, please contact:

 

Baiya International Group Inc.

 

Investor Relations Department

 

Phone: +1 838 900-8888

Email: info@biyainc.com

  

Investor Relations Inquiries:

 

Ascent Investor Relations LLC

 

Tina Xiao

Phone: +1-646-932-7242

Email: investors@ascent-ir.com 

 

Filing Exhibits & Attachments

1 document