Jubilant Flame sets 1-for-100 reverse stock split
JFIL will enact a 1-for-100 reverse share split, sharply reducing its outstanding common shares and beginning split-adjusted trading on September 9, 2026.
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Rhea-AI Filing Summary
Jubilant Flame International, Ltd (JFIL) is implementing a reverse share split of its common stock at a 1-for-100 ratio, combining every 100 existing shares into 1 share. No fractional shares will be issued; any holder entitled to a fraction will receive one full share instead.
The reverse split was approved on August 20, 2026 by the board and by a majority of voting shareholders by written consent. As a result, outstanding common shares will decrease from approximately 19.99 million to approximately 0.20 million. Trading on a split-adjusted basis will begin on September 9, 2026 under ticker JFIL, with a temporary “D” suffix for 20 trading days and a new CUSIP 48127W 205.
8-K Event Classification
Key Figures
Key Terms
Round Up financial
written consent in lieu of a special meeting regulatory
CUSIP number financial
Stock Split
FAQ
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When will JFIL start trading on a reverse-split-adjusted basis?
Will JFIL’s ticker or CUSIP change after the reverse split?
AI-generated analysis. How Rhea-AI works. Not financial advice.