Park Ha Biological plans 1-for-8 reverse split
Park Ha Biological Technology Co., Ltd. expects to implement a 1-for-8 reverse stock split of its Class A and Class B ordinary shares.
Rhea-AI Filing Summary
Park Ha Biological Technology Co., Ltd. expects to implement a 1-for-8 reverse stock split of its Class A and Class B ordinary shares. Subject to Nasdaq Operations notice requirements, the split is expected to take effect on August 6, 2026, with trading beginning on a split-adjusted basis that day. Issued and outstanding ordinary shares will be consolidated from 18,764,216 to 2,345,527. The pre-split figure reflects 10,000,000 Class A shares issued in an August 3, 2026 private placement and 2,400,000 Class A shares issued under the 2026 Share Incentive Plan, and excludes up to 2,000,000 Class A shares issuable upon cashless warrant exercise.
No fractional shares will be issued; any fractional entitlement will be rounded up so each affected holder receives one whole post-split ordinary share. Authorized share capital will remain US$300,000,000.00 but will change from 300,000,000,000 ordinary shares at US$0.001 par value to 37,500,000,000 shares at US$0.008 par value. Class A ordinary shares will continue to trade on the Nasdaq Capital Market under “BYAH” with a new CUSIP, and no other material changes to the terms of the securities are anticipated.
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Filing Explained
Corporate approvals and amended articles are complete; implementation still awaits Nasdaq notice requirements.
Park Ha Biological Technology Co., Ltd. reports that shareholders and the board approved the reverse stock split on
A reverse stock split consolidates shares and proportionally raises the per-share price without changing company value by the split itself; the filing places this approved and documented transaction before implementation, which remains subject to Nasdaq Operations notice requirements.
Key Figures
Key Terms
reverse stock split financial
cashless exercise financial
Amended and Restated Memorandum and Articles of Association regulatory
foreign private issuer regulatory
Nasdaq Capital Market market
FAQ
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What reverse stock split is Park Ha Biological (BYAH) implementing and when will it take effect?
Will Park Ha Biological (BYAH) Nasdaq listing details change after the reverse split?
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