Park Ha Bio plans 1-for-50 reverse stock split
Park Ha Biological Technology Co., Ltd. plans a 1-for-50 reverse stock split effective February 20, 2026, with trading to begin on a split-adjusted basis that day, subject to satisfying Nasdaq Operations notice requirements.
Rhea-AI Filing Summary
Park Ha Biological Technology Co., Ltd. plans a 1-for-50 reverse stock split effective February 20, 2026, with trading to begin on a split-adjusted basis that day, subject to satisfying Nasdaq Operations notice requirements.
To align with this change, the company amended its Memorandum of Association to reduce authorized share capital from USD 3,000,000.00 divided into 150,000,000,000 ordinary shares of par value US$0.00002 each (120,000,000,000 Class A and 30,000,000,000 Class B) to 3,000,000,000 ordinary shares of par value US$0.001 each (2,400,000,000 Class A and 600,000,000 Class B), using the same 1-for-50 ratio as the issued and outstanding shares.
Shareholders approved the reverse split at an extraordinary meeting on December 26, 2026, and the Board of Directors set the exact ratio on January 29, 2026.
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Insights
Park Ha Bio consolidates shares 1-for-50 and ups par value.
Park Ha Biological Technology is implementing a 1-for-50 reverse stock split, consolidating every 50 existing shares into one new share, effective February 20, 2026, subject to Nasdaq Operations notice requirements. This typically raises the per-share trading price while keeping overall economic ownership unchanged.
In tandem, the company is reducing authorized ordinary shares from 150,000,000,000 at par US$0.00002 to 3,000,000,000 at par US$0.001, preserving voting rights of Class A (1 vote) and Class B (20 votes). The change follows shareholder approval on December 26, 2026 and board approval on January 29, 2026.
Subsequent disclosures in company filings may provide further detail on how the new capital structure interacts with Nasdaq listing requirements and any future equity-related actions.
FAQ
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What reverse stock split did Park Ha Biological Technology (BYAH) approve?
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Will the Park Ha Biological Technology (BYAH) reverse split affect Class A and Class B voting rights?
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AI-generated analysis. How Rhea-AI works. Not financial advice.