OIO Group (NASDAQ: OIO) updates warrant ratio and exercise price
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
OIO Group implemented a 1-for-3 reverse share split of its ordinary shares effective April 24, 2026, and adjusted its listed warrants accordingly. Each three warrants are now exercisable for one ordinary share, compared with one warrant for one share previously.
The warrant exercise price was increased to US$34.50 per whole ordinary share from US$11.50. The total number of outstanding warrants was not changed, and they continue to trade on the Nasdaq Capital Market under the same CUSIP G3R95P116.
Positive
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Negative
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Key Figures
Reverse share split ratio: 1-for-3
New warrant exercise ratio: 3 warrants for 1 share
Previous warrant exercise ratio: 1 warrant for 1 share
+3 more
6 metrics
Reverse share split ratio
1-for-3
Reverse share split of ordinary shares effective April 24, 2026
New warrant exercise ratio
3 warrants for 1 share
Post-split warrant exercise ratio effective April 24, 2026
Previous warrant exercise ratio
1 warrant for 1 share
Warrant terms before the reverse share split
New warrant exercise price
US$34.50 per share
Adjusted exercise price after reverse share split
Old warrant exercise price
US$11.50 per share
Warrant exercise price before adjustment
Effective date of adjustments
April 24, 2026
Adjustments effective at opening of Nasdaq trading
Key Terms
reverse share split, warrants, exercise ratio, exercise price, +1 more
5 terms
warrants financial
"supplemental disclosure regarding the adjustment of its outstanding warrants to purchase Ordinary Shares"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
exercise ratio financial
"Exercise Ratio: Each three (3) Warrants are now exercisable for one (1) Ordinary Share"
exercise price financial
"The exercise price was adjusted to US$34.50 per whole Ordinary Share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Nasdaq Capital Market financial
"effective as of the opening of trading on The Nasdaq Capital Market on April 24, 2026"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
FAQ
How were OIO (OIO) warrant exercise terms adjusted after the reverse split?
After the reverse split, each three OIO Group warrants are exercisable for one ordinary share. Previously, one warrant entitled the holder to purchase one ordinary share, so investors now need more warrants to receive the same number of shares as before.
What is the new exercise price for OIO (OIO) warrants?
The exercise price for OIO Group’s warrants was adjusted to US$34.50 per whole ordinary share. Previously, the warrants were exercisable at US$11.50 per whole ordinary share, aligning the new price with the 1-for-3 reverse share split mechanics.
Did the number of OIO (OIO) warrants outstanding change with the reverse split?
The total number of OIO Group warrants outstanding did not change in connection with the reverse share split. Only the exercise ratio and exercise price were adjusted, keeping the warrant count and trading CUSIP the same as before.
Do OIO (OIO) warrants still trade under the same CUSIP after the adjustment?
Yes. OIO Group confirmed that its warrants continue to trade under the same CUSIP G3R95P116. Although the exercise ratio and exercise price changed, the security identifier and overall warrant count remained unchanged on the Nasdaq Capital Market.