STOCK TITAN

GMEX Robotics to combine nine shares into one

The board approved the changes without a shareholder vote; outstanding warrants and other equity rights will be proportionately adjusted.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

GMEX Robotics Corporation will effect a 1-for-9 share consolidation of all issued and unissued Class A, Class B and Class C ordinary shares, effective September 28, 2026. Immediately afterward, the par value of all issued and unissued shares will be reduced from US$0.8064 per share to US$0.000001 per share. Class A shares are expected to begin trading on a post-consolidation and par-value-reduction basis at the market open that day.

As of September 17, 2026, 6,771,947 Class A and 799 Class B ordinary shares were outstanding; the company said the consolidation will reduce those amounts to 752,439 and 89, respectively, subject to adjustment resulting from the treatment of fractional shares. No Class C shares were outstanding on that date. The board approved both changes on September 2, 2026, and stated that no shareholder vote, consent or approval is required or will be sought.

Positive

  • None.

Negative

  • None.

Filing Explained

The September 23 announcement sets post-consolidation authorization at up to 1,407,472,426 shares but says the number issued remains unchanged; it therefore discloses capacity to issue, not a new issuance.

Share consolidation ratio 1-for-9 Effective September 28, 2026
Class A ordinary shares outstanding before consolidation 6,771,947 shares As of September 17, 2026
Class A ordinary shares after consolidation 752,439 shares Subject to adjustment resulting from the treatment of fractional shares
Class B ordinary shares outstanding before consolidation 799 shares As of September 17, 2026
Class B ordinary shares after consolidation 89 shares Subject to adjustment resulting from the treatment of fractional shares
Par value before reduction US$0.8064 per share Before the share consolidation
Par value after reduction US$0.000001 per share Immediately following the share consolidation
Share Consolidation financial
"effect a share consolidation of all of its issued and unissued"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
Reduction of Par Value financial
"Immediately following Share Consolidation"
fractional share technical
"entitled to receive a fractional share upon the Share Consolidation"
A fractional share is a portion of a single stock that is worth less than one full share, like owning a slice of a pizza instead of the whole pie. It lets investors buy and hold part of expensive stocks or spread small amounts of money across many companies, which helps with diversification and regular investing; dividends and price changes affect fractional shares proportionally, though some rights and trading rules can vary by provider.
street name financial
"brokerage accounts or “street name”"
A "street name" is a way that stocks or other financial assets are registered under a broker's name rather than directly in an individual investor's name. This allows for easier buying, selling, and transferring of the assets, much like how a library might hold books on behalf of many readers. For investors, using a street name simplifies transactions and helps maintain privacy, but it also means the broker is the official record holder of ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is GMEX’s share consolidation ratio and when does it take effect?

GMEX will consolidate every 9 shares into 1, effective September 28, 2026. Class A ordinary shares are expected to begin trading on a post-consolidation and par-value-reduction basis at the market open that day.

How many GMEX Class A and Class B shares will remain after the consolidation?

The company stated that outstanding Class A shares will decrease from 6,771,947 to 752,439 and Class B shares from 799 to 89, subject to adjustment resulting from the treatment of fractional shares. The pre-consolidation counts were as of September 17, 2026.

Do GMEX shareholders need to take action for the share consolidation?

Shareholders holding shares electronically through brokerage firms do not need to take action, and shareholders holding shares in street name are not required to act to implement the exchange. The transfer agent will send instructions to shareholders of record who hold stock certificates regarding exchanging them for new certificates, should they wish to do so.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

 

 

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 September 2026

 

Commission File Number 001-41774

 

GMEX Robotics Corporation

(Translation of registrant’s name into English)

 

5 Starkie Drive

Bankstown Aerofrome, NSW 2198

Australia

(Address of principal executive office)

 

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 ☐

 

 

 

 

 

 

CONTENTS

 

Change of Address of Principal Executive Office

 

As of July 20, 2026, GMEX Robotics Corporation (the “Company”) changed of its principal executive office address to 5 Starkie Drive, Bankstown Aerofrome23-25 Mangrove Lane, Taren Point, NSW 2198229, Australia.

 

Share Consolidation

 

On September 23, 2026, the Company issued a press release titled “GMEX Robotics Announces Share Consolidation and Reduction of Par Value”. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated by reference herein.

 

Exhibit No.   Description
99.1   Press Release: GMEX Robotics Announces Share Consolidation and Reduction of Par Value.

 

 

 

 

SIGNATURES

 

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

 

Date: September 23, 2026 GMEX ROBOTICS CORPORATION
        
  By: /s/ Yinying Lu
    Yinying Lu
    Chief Executive Officer and Director
    (Principal Executive Officer)

 

 

 

Exhibit 99.1

 

 

GMEX Robotics Corporation Announces Share Consolidation and Reduction of Par Value

 

SYDNEY, Australia, September 23, 2026 (GLOBE NEWSWIRE) — GMEX Robotics Corporation (Nasdaq: GMEX) (the “Company”), today announced that it will effect a share consolidation of all of its issued and unissued Class A ordinary shares, Class B ordinary shares and Class C ordinary shares, of US$0.8064 par value each, at a ratio of 1-for-9, effective on September 28, 2026 (the “Share Consolidation”). Immediately following Share Consolidation, the Company’s par value of all of its issued and unissued shares will be reduced to US$0.000001 per share (the “Reduction of Par Value”). The Share Consolidation and the Reduction of Par Value will apply to the Company’s Class A Ordinary Shares, Class B Ordinary Shares and Class C Ordinary Shares. Except for the changes expressly described in this announcement, the rights attaching to each of shares will remain unchanged.

 

The Company’s Class A ordinary shares are expected to begin trading on a post-consolidation and par value reduction basis at the open of the market session on September 28, 2026. Upon the market opening on September 28, 2026, the Company’s Class A ordinary shares will continue to be traded on The Nasdaq Capital Market under the symbol “GMEX” with the new CUSIP number G3514S161. This decision represents a deliberate capital structure optimization, aligning the Company’s market profile with its significant operational progress and ambitious future roadmap.

 

The Share Consolidation and Reduction of Par Value were approved by the Company’s board of directors on September 2, 2026. Pursuant to the BVI Business Companies Act (as amended) and the Company’s Memorandum and Articles of Association, the Company’s Board of Directors is authorized to effect the Share Consolidation without the approval of the Company’s shareholders. Accordingly, no shareholder vote, consent or approval is required or will be sought in respect of the Share Consolidation or the Reduction of Par Value.

 

As of September 17, 2026, there were 6,771,947 of the Company’s Class A ordinary shares outstanding and 799 Class B ordinary shares outstanding. Effecting the 1-for-9 Share Consolidation will reduce the outstanding Class A ordinary shares to 752,439 and the outstanding Class B ordinary shares to 89, subject to adjustment resulting from the treatment of fractional shares. There are no Class C ordinary shares outstanding as of September 17, 2026.

 

As a result of the Share Consolidation and Reduction of Par Value, the Company is authorised to issue a maximum of 1,407,472,426 shares of US$0.000001 par value each divided into: (i) 940,677,978 Class A ordinary shares of US$0.000001 par value each; (ii) 266,794,448 Class B ordinary shares of US$0.000001 par value each; and (iii) 200,000,000 Class C ordinary shares of US$0.000001 par value each, and the number of issued shares of the Company remains unchanged.

 

“We are building a company designed for scale, performance, and sustained value creation,” stated Sam Lu, Chief Executive Officer of GMEX Robotics Corporation. “Our strengthened equity profile provides greater flexibility and a more robust platform for future value-accretive initiatives. This positions us optimally to consider strategic partnerships, acquisitions, or other capital market activities from a position of strength”.

 

As a result of the Share Consolidation, every nine (9) issued and unissued shares of each class of the Company’s shares will be automatically consolidated into one (1) share of the same class.

 

Outstanding warrants and other outstanding equity rights will be proportionately adjusted to reflect the Share Consolidation. No fractional shares will be issued in connection with the Share Consolidation, and in the event that a shareholder would otherwise be entitled to receive a fractional share upon the Share Consolidation, the number of shares to be received by such shareholder will be rounded up to one ordinary share of the same class in lieu of the fractional share that would have resulted from the Share Consolidation. Shareholders who are holding their shares in electronic form at brokerage firms do not need to take any action, as the effect of the Share Consolidation will automatically be reflected in their brokerage accounts.

 

The Company’s transfer agent, Vstock Transfer LLC, which is also acting as the exchange agent for the Share Consolidation, will send instructions to shareholders of record who hold stock certificates regarding the exchange of their old certificates for new certificates, should they wish to do so. Shareholders who hold their shares in brokerage accounts or “street name” are not required to take action to implement the exchange of their shares.

 

 

 

 

About GMEX Robotics Corporation:

 

Formerly known as Fitell Corporation, GMEX Robotics Corporation is a technology company operating at the intersection of consumer health and advanced automation. Building on a foundation of fitness equipment e-commerce, the Company is expanding its mission to design and deliver AI-driven robotic solutions that prioritize genuine consumer needs.

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including market and other conditions, and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the Securities Exchange Commission.

 

Media Contact:

 

Jacqueline Grose

CORE IR & PR

Press@GMEXRobotics.com

(212) 655-0924

www.GMEXRobotics.com

 

Investor Contact:

 

CoreIR

IR@GMEXRobotics.com

 

 

 

 

Filing Exhibits & Attachments

2 documents

Keep reading