[6-K] Harrison Global Holdings Inc. Current Report (Foreign Issuer)
Harrison Global Holdings Inc. (Nasdaq: BLMZ) is implementing a 1-for-10 reverse stock split of its issued and outstanding ordinary shares, approved by its board and a requisite majority of shareholders. The reverse split is expected to become effective at the opening of the market on November 21, 2025. Every 10 existing ordinary shares will be automatically combined into 1 ordinary share, while the number of authorized shares and the fundamental rights of shareholders remain unchanged. The shares will continue trading on Nasdaq under the symbol BLMZ with a new CUSIP number G1180K124. No fractional shares will be issued; any fractional interests will be rounded up to the nearest whole share at the beneficial holder level, and positions held in book-entry or through brokers will be automatically adjusted.
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Insights
BLMZ is executing a 1-for-10 reverse split without changing total authorization.
Harrison Global Holdings Inc. is consolidating its equity so that every 10 issued and outstanding ordinary shares become 1 ordinary share, effective at the market open on
The company states that shareholder rights are unchanged apart from the adjustment in issued shares, and that the ordinary shares will continue to trade on Nasdaq under the ticker BLMZ with a new CUSIP G1180K124. Importantly, no fractional shares will be created; any fractional position is rounded up to a whole share at the beneficial holder level, slightly favoring holders who would otherwise end with fractions.
From an operational standpoint, book-entry positions will be updated automatically and brokerage accounts will be adjusted by custodians, while Transhare Corporation remains the transfer agent. The company notes that the reverse split and new CUSIP have been duly authorized in line with Cayman Islands law and its Articles, and that Nasdaq will publish a corporate action notice after the split becomes market-effective.
FAQ
What did Harrison Global Holdings Inc. (BLMZ) announce in this Form 6-K?
Harrison Global Holdings Inc. announced that it will implement a 1-for-10 reverse stock split of its issued and outstanding ordinary shares, approved by its Board of Directors and a requisite majority of shareholders.
When will the Harrison Global (BLMZ) 1-for-10 reverse stock split become effective?
The reverse stock split is expected to become effective as of the opening of the market on November 21, 2025, after which trading will reflect the adjusted share count.
How will the Harrison Global (BLMZ) reverse split affect shareholders and fractional shares?
Every 10 issued and outstanding ordinary shares will automatically be combined into 1 ordinary share. No fractional shares will be issued; any fractional interest created by the split will be rounded up to the nearest whole share at the beneficial holder level.
Will the Harrison Global (BLMZ) ticker, CUSIP, or authorized shares change after the reverse split?
The company’s ordinary shares will continue to trade on Nasdaq under the symbol BLMZ, but will have a new CUSIP number G1180K124. The reverse split does not affect the number of authorized shares, and shareholder rights remain the same apart from the change in issued shares.
How will Harrison Global (BLMZ) handle share accounts during the reverse split?
Shareholders holding shares in book-entry form will have their positions automatically updated, and beneficial holders whose shares are in brokerage accounts will see their positions adjusted by their brokers or custodians. Transhare Corporation will continue to act as the transfer agent and FAST/DRS agent.
