1-for-20,000 reverse split and name change at Livento Group (OTC: NUGN)
Rhea-AI Filing Summary
Livento Group, Inc. is implementing a major 1-for-20,000 reverse stock split of its common stock following prior stockholder approval and board authorization. The split was made effective with Delaware on December 30, 2025, and the company’s shares began trading on a split-adjusted basis under the temporary symbol NUGND on that date, with a further symbol change to LIVG expected on January 28, 2026. According to FINRA’s notice, pre-split shares of 4,339,753,594 were consolidated into 216,988 post-split shares, with a new CUSIP of 67052F201. The company’s name has been changed to LIVENTO GROUP INC, while the authorized share count, par value, and voting rights remain unchanged.
No fractional shares will be issued; most fractional positions will be rounded up to the next whole share, while shares under the Equity Incentive Plan will be rounded down. The company’s transfer agent, Equity Stock Transfer LLC, will handle the exchange, and stockholders holding in street name or book-entry form are not required to take action for their holdings to reflect the reverse split.
Positive
- None.
Negative
- None.
Insights
Livento executes a very large reverse split and rebrands without changing total authorization or rights.
The company has consolidated its common stock at a steep 1-for-20,000 ratio, shrinking pre-split shares of 4,339,753,594 to 216,988. Such a large reverse split primarily changes the share count and per-share price mechanics rather than underlying economics, especially since the authorized shares and par value are unchanged. The action follows prior stockholder approval and board selection of the final ratio, indicating the governance steps were observed.
The filing also confirms a rebranding: NuGene International, Inc. is now LIVENTO GROUP INC, with trading moving from the NUGN symbol to temporary NUGND and then to LIVG on January 28, 2026. Fractional shares will mostly be rounded up, which slightly favors small holders, while plan shares are rounded down. Operationally, book-entry and street-name holders do not need to act, as the transfer agent and intermediaries will adjust positions automatically.
FAQ
What reverse stock split did Livento Group (NUGN) approve and implement?
Livento Group implemented a 1-for-20,000 reverse stock split of its common stock, so every 20,000 pre-split shares automatically converted into one post-split share.
How did Livento Groups share count change after the 1-for-20,000 reverse split?
FINRAs notice states that pre-split shares of 4,339,753,594 were consolidated into 216,988 post-split shares following the reverse stock split.
What are the new name, CUSIP, and trading symbols for Livento Group (formerly NuGene International, Inc.)?
The companys new name is LIVENTO GROUP INC, with a new CUSIP of 67052F201. The symbol changed to NUGND at the market effective date, and is expected to change to LIVG on January 28, 2026.
Did Livento Groups reverse stock split change authorized shares, par value, or voting rights?
No. The reverse stock split does not change the authorized number of shares, the par value of the common stock, or the voting rights associated with the common stock.
How are fractional shares handled in Livento Groups reverse stock split?
No fractional shares will be issued. For most holders, fractional shares are rounded up to the next whole share, while fractional shares under the Equity Incentive Plan are rounded down to the next whole share.
Do Livento Group stockholders need to take any action for the reverse split?
Registered holders in book-entry form do not need to act; their accounts will be updated automatically. Holders via brokers, banks, or other nominees will have positions adjusted under those intermediaries processes.