Sky Century enacts 1-for-100 reverse stock split
Sky Century Investment, Inc. approved a 1-for-100 reverse stock split of its common stock, combining every 100 shares into 1 share.
Rhea-AI Filing Summary
Sky Century Investment, Inc. approved a 1-for-100 reverse stock split of its common stock, combining every 100 shares into 1 share. The reverse split became effective on January 30, 2026, with the same date as the record date for shareholders.
After the reverse split became effective, the company had 2,235,486 shares of common stock issued and outstanding. The process was automatic, with no fractional shares issued and no action required from shareholders to exchange their shares.
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Insights
Sky Century executed a 1-for-100 reverse split, mechanically reducing its share count.
Sky Century Investment, Inc. implemented a 1-for-100 reverse stock split effective January 30, 2026. Each 100 shares of common stock were combined into 1 share, simplifying the capital structure and reducing the number of shares outstanding.
No fractional shares were issued, so holdings were rounded based on whole-share combinations. The company reports 2,235,486 common shares issued and outstanding as of the effective date. Actual effects for investors depend on their pre-split share counts and how post-split trading develops over time.
8-K Event Classification
FAQ
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