Livento Group enacts 1-for-20,000 reverse stock split
Livento Group, Inc. effected a 1-for-20,000 reverse stock split of its common stock, following prior stockholder approval of a reverse split at a ratio of not more than 1-for-20,000.
Rhea-AI Filing Summary
Livento Group, Inc. effected a 1-for-20,000 reverse stock split of its common stock, following prior stockholder approval of a reverse split at a ratio of not more than 1-for-20,000. Pre-split shares of common stock totaled 4,339,753,594 and post-split shares total 216,988.
The action is accompanied by a name and symbol change from NuGene International, Inc. (NUGN) to LIVENTO GROUP INC, with the temporary symbol NUGND and an expected transition to “LIVG” after 20 business days. Trading on a split-adjusted basis is expected to begin January 29, 2026.
The reverse split does not change the authorized share count, par value, or voting rights. No fractional shares will be issued; most fractional positions are rounded up to the next whole share, while shares under the Equity Incentive Plan are rounded down.
Positive
- None.
Negative
- None.
Insights
Livento consolidates equity 1-for-20,000 with name and symbol change.
Livento Group implemented a 1-for-20,000 reverse stock split, reducing common shares from 4,339,753,594 pre-split to 216,988 post-split. The filing states that authorized shares, par value, and voting rights remain unchanged, so the change is in share count and price per share, not overall equity value.
The corporate action also formalizes a rebranding from NuGene International, Inc. to LIVENTO GROUP INC, with a trading symbol transition from NUGN to NUGND and then to “LIVG” after 20 business days. FINRA’s daily list confirms the effective market date of 12/30/2025 and the new CUSIP 67052F201.
Investors may focus on mechanics such as rounding rules, which generally round fractional shares up to a whole share, except under the Equity Incentive Plan where they are rounded down. Trading on a split-adjusted basis is expected to begin on January 29, 2026, aligning portfolio records and brokerage systems with the new structure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What reverse stock split did Livento Group (NUGND) implement?
When will Livento Group (NUGND) start trading on a split-adjusted basis?
What name and ticker symbol changes affect Livento Group (NUGND)?
What role does Equity Stock Transfer LLC play in Livento Group’s reverse split?
AI-generated analysis. How Rhea-AI works. Not financial advice.