NewGenIvf (NASDAQ: NIVF) enacts 1-for-3 reverse stock split on shares
Rhea-AI Filing Summary
NewGenIvf Group Limited is implementing a reverse stock split of all issued and unissued shares at a ratio of one new share for every three existing shares. This affects Class A ordinary shares, Class B ordinary shares and preferred shares and was approved by the board under BVI law without a shareholder vote.
The reverse split will be effective at 12:01 a.m. (ET) on January 26, 2026, with Class A ordinary shares beginning Nasdaq trading on a split-adjusted basis the same day under the symbol NIVF and a new CUSIP. The number of outstanding Class A ordinary shares will change from 2,948,080 to approximately 982,694, with every three pre-split shares automatically becoming one post-split share. No fractional shares will be issued; holders otherwise entitled to a fraction will receive one full share. Outstanding options, warrants and other convertible securities will be adjusted by dividing the underlying share amounts by three.
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Insights
NewGenIvf consolidates shares 1-for-3 with proportional derivative adjustments.
NewGenIvf Group Limited is carrying out a 1-for-3 reverse stock split across all share classes, including Class A, Class B and preferred shares. The outstanding Class A ordinary shares will move from 2,948,080 to approximately 982,694, while the trading symbol on Nasdaq remains NIVF with a new CUSIP. This is a structural change to the share count rather than to the company’s underlying operations.
All options, warrants and other convertible securities are being adjusted by dividing the underlying Class A share amounts by three, preserving proportional economic exposure for holders. The filing specifies that no fractional shares will be issued, and any position that would result in a fraction instead gets one whole post-split Class A share, slightly favoring very small holders.
The company notes that its memorandum and articles of association do not require amendment because par value remains nil and authorized shares are unlimited. Future disclosures in company filings may provide more context on how this capital structure change interacts with the company’s broader strategic or listing considerations.