[6-K] JX Luxventure Group Inc. Current Report (Foreign Issuer)
Rhea-AI Filing Summary
JX Luxventure Group Inc. is implementing a 1-for-15 reverse stock split of its common stock after approval by its board and holders of 56% of its outstanding capital stock. The amendment to its Articles of Incorporation became effective upon filing in the Marshall Islands on November 18, 2025.
Beginning at the market open on November 21, 2025, JX Luxventure’s shares will trade on Nasdaq on a post-split basis under the symbol JXG with a new CUSIP number. The company states that the reverse split is intended to help it maintain compliance with Nasdaq’s minimum bid price requirement of $1.00 per share.
Every fifteen shares of common stock will automatically be combined into one share, with no change to par value or the total number of authorized shares. No fractional shares will be issued; any fractional entitlements will be rounded up to the nearest whole share. The company notes that, aside from minor changes from fractional share rounding, the reverse split will not have any dilutive effect on shareholders.
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Insights
JX Luxventure consolidates shares 1-for-15 to support Nasdaq bid price compliance.
JX Luxventure Group Inc. has approved and made effective a 1-for-15 reverse stock split of its common stock, with trading on a post-split basis starting November 21, 2025 on Nasdaq under ticker JXG. The company explicitly links this action to maintaining compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of
The reverse split combines every fifteen existing shares into one new share without changing par value or the total authorized share count. This means the number of shares outstanding will decrease proportionally, while each share’s price may adjust mechanically, but the company emphasizes that the move is not intended to change overall shareholder value. Fractional positions are being rounded up to the nearest whole share, which slightly benefits holders with small positions.
The company states that, apart from minimal adjustments from fractional share treatment, the transaction will not have a dilutive effect. For investors, the key practical milestone is the market open on