Nuvini Group (Nasdaq: NVNI) completes 1-for-10 share consolidation
Rhea-AI Filing Summary
Nuvini Group Limited completed a share consolidation of its ordinary shares, exchanging one post-Consolidation share for every ten pre-Consolidation shares. This 1-for-10 consolidation reduces the number of shares outstanding while keeping each holder’s proportional ownership the same in economic terms. The post-Consolidation ordinary shares began trading on The Nasdaq Capital Market at market open on October 6, 2025, under a new identifier. The company also issued a press release describing this action, which is included as an exhibit.
Positive
- None.
Negative
- None.
Insights
Nuvini implemented a 1-for-10 share consolidation with trading continuing on Nasdaq.
Nuvini Group Limited carried out a 1-for-10 consolidation of its issued and outstanding ordinary shares, meaning every ten existing shares were combined into one new share. Such consolidations typically change the share price and share count proportionally while leaving the company’s overall market value and each investor’s economic stake broadly unchanged.
The post-Consolidation ordinary shares started trading on The Nasdaq Capital Market on
FAQ
What share change did Nuvini Group Limited (NVNI) disclose in this 6-K?
Nuvini Group Limited disclosed that it completed a share consolidation of its ordinary shares on a basis of one post-Consolidation ordinary share for every ten pre-Consolidation ordinary shares.
When did Nuvini’s post-Consolidation ordinary shares begin trading on Nasdaq?
The post-Consolidation ordinary shares of Nuvini Group Limited began trading on The Nasdaq Capital Market at market open on October 6, 2025.
How does Nuvini’s 1-for-10 share consolidation affect existing shareholders?
For every ten pre-Consolidation ordinary shares previously held, shareholders now hold one post-Consolidation ordinary share, so the number of shares decreases while each holder’s proportional interest in the company remains similar in economic terms.
Did Nuvini Group Limited provide additional information about the consolidation?
Yes. A press release dated October 2, 2025 describing the share consolidation is attached as Exhibit 99.1 and is incorporated by reference.
What type of SEC filing did Nuvini use to report the share consolidation?
Nuvini Group Limited reported the share consolidation in a Form 6-K as a foreign private issuer under the Securities Exchange Act of 1934.