NewGenIvf OKs 1-for-8 reverse split; CEO may set ratio
Class A Ordinary Shares will continue under the NIVF symbol, while options, warrants and other convertible securities will be adjusted by dividing their share counts by eight.
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Rhea-AI Filing Summary
NewGenIvf Group Limited approved a reverse stock split of its issued and unissued shares at a ratio of one share for every eight shares, or as otherwise determined by its CEO. No shareholder vote, consent or approval is required or will be sought.
The split takes effect at 12:01 a.m. ET on October 23, 2026, when Class A Ordinary Shares are expected to begin trading on a split-adjusted basis. Based on outstanding Class A Ordinary Shares as of October 21, 2026, the count is expected to decline from approximately 9,821,197 to approximately 1,227,650; the actual count may be greater on the effective date because of convertible note exercises. Holders entitled to a fractional share at the participant level will receive one full post-split share. Options, warrants and other convertible securities will have their exercisable or convertible share counts divided by eight, subject to rounding to the nearest whole share.
Filing Explained
For NewGenIvf, the split combines shares into fewer shares with a proportionally higher per-share price; under the reverse-split definition, that change alone does not alter the company’s value.
Key Figures
Key Terms
Reverse Stock Split financial
split-adjusted basis financial
convertible securities financial
Stock Split
FAQ
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What is NIVF's reverse stock split ratio and when does it take effect?
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