1-for-20,000 reverse split and LIVG symbol change at Livento (OTC: NUGND)
Rhea-AI Filing Summary
Livento Group, Inc., formerly NuGene International, Inc., is implementing a 1-for-20,000 reverse stock split of its common stock. Every 20,000 pre-split shares will automatically convert into one share. According to FINRA’s notice, pre-split shares of 4,339,753,594 will become 216,988 post-split shares.
The corporate action became effective on December 30, 2025, with the interim trading symbol NUGND. The stock is expected to begin trading on a split-adjusted basis under the new symbol LIVG when OTC Markets opens for trading on January 29, 2026. The reverse split does not change the authorized share count, par value, or voting rights.
No fractional shares will be issued. For most holders, any fractional share will be rounded up to the next whole share, while shares under the Equity Incentive Plan will be rounded down. Book-entry and brokerage holders will see their positions adjusted automatically through the transfer agent and intermediaries.
Positive
- None.
Negative
- None.
Insights
Livento consolidates its share count 1-for-20,000 and rebrands to LIVG.
The company is effecting a 1-for-20,000 reverse stock split, reducing common shares from 4,339,753,594 pre-split to 216,988 post-split. This is a structural change to the share count and trading symbol, rather than a change in total corporate equity value.
The reverse split leaves the authorized share amount, par value, and voting rights unchanged, so it primarily affects the number of shares outstanding and per-share metrics. Fractional shares are largely rounded up, with Equity Incentive Plan shares rounded down, which slightly adjusts individual positions but avoids issuing fractional certificates.
Trading mechanics transition through FINRA’s process: the market effective date for the split is December 30, 2025, with temporary symbol NUGND and a planned change to LIVG when OTC Markets opens on January 29, 2026. Subsequent disclosures may further describe how the new structure interacts with any future equity activity.
8-K Event Classification
FAQ
What reverse stock split did Livento Group (NUGND) approve?
Livento Group approved and implemented a 1-for-20,000 reverse stock split of its common stock. Every 20,000 pre-split shares automatically convert into one share. This significantly reduces the number of shares outstanding while keeping total corporate equity value conceptually unchanged.
When does Livento Group’s (NUGND) reverse split and symbol change take effect?
The reverse split became market effective on December 30, 2025, with the interim symbol NUGND. The stock is expected to begin trading on a split-adjusted basis under the new symbol LIVG when OTC Markets opens for trading on January 29, 2026.
Does Livento Group’s reverse stock split change voting rights or par value?
No. The reverse stock split does not change the authorized number of shares, the $0.0001 par value, or the voting rights of the common stock. It only consolidates outstanding shares into a smaller number at the approved 1-for-20,000 ratio.