Raytech (RAY) approves 16-for-1 reverse stock split on Nasdaq
Raytech Holding Limited announced a 16-for-1 reverse stock split of its ordinary shares, effective on the Nasdaq Capital Market at the open on November 7, 2025.
Rhea-AI Filing Summary
Raytech Holding Limited announced a 16-for-1 reverse stock split of its ordinary shares, effective on the Nasdaq Capital Market at the open on November 7, 2025. Every sixteen issued and unissued ordinary shares at par value US$0.00000625 will be consolidated into one ordinary share at par value US$0.0001, with fractional shares rounded up to the nearest whole share.
As a result, authorized share capital will change from 8,000,000,000 ordinary shares at par US$0.00000625 to 500,000,000 ordinary shares at par US$0.0001. Each shareholder’s percentage ownership and proportional voting power remain the same, subject to fractional share adjustments. The shares will continue trading under the symbol RAY, with a new CUSIP G7385S119 effective on the same date.
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