Yunhong Green CTI (YHGJ) trims share count with 1-for-10 reverse split
Rhea-AI Filing Summary
Yunhong Green CTI Ltd. reports that its stockholders approved a reverse stock split of its common stock at a one-for-ten ratio. This reverse split, together with a corresponding reduction in authorized common shares, is expected to take effect by 9:00 a.m. Eastern Time on October 1, 2025.
After the reverse split, the company’s common stock will continue to trade on the Nasdaq Capital Market under the symbol “YHGJ”, but on a split-adjusted basis, with a new CUSIP number 98873Q 209. The transaction will reduce the number of shares of common stock outstanding from 27,738,626 to 2,773,862, subject to adjustment for fractional shares.
The reverse split will affect all stockholders uniformly, so each holder’s percentage ownership and voting power is intended to remain essentially the same, aside from small changes from eliminating fractional shares. Instead of issuing fractional shares, the company will aggregate and sell them on the open market and pay cash in lieu of fractions to affected stockholders.
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Insights
Yunhong Green CTI consolidates equity 10-to-1 with minimal ownership change.
The company is implementing a one-for-ten reverse stock split of its common stock, effective by
The filing specifies that all stockholders are treated uniformly, with no special classes or carve-outs described. The main practical change for holders is that every 10 existing shares will become 1 new share, and historical share counts and per-share figures will no longer be directly comparable without adjustment.
Fractional shares will not be issued; instead, these will be aggregated and sold in the market, and the cash proceeds distributed based on each holder’s fraction. This means some investors will receive a small cash payment and end up with a whole-number share count. Future company disclosures may detail how this new capital structure interacts with listing requirements and any outstanding equity-linked instruments.
FAQ
What did Yunhong Green CTI Ltd. (YHGJ) change about its common stock?
The company approved and is implementing a one-for-ten reverse stock split of its common stock, along with a corresponding reduction in authorized common shares.
When does the Yunhong Green CTI (YHGJ) reverse stock split take effect?
The reverse stock split is expected to become effective by 9:00 a.m. Eastern Time on October 1, 2025.
How will the Yunhong Green CTI (YHGJ) share count change after the reverse split?
The number of common shares outstanding will be reduced from 27,738,626 to 2,773,862, subject to adjustment for fractional shares.
Will the Yunhong Green CTI (YHGJ) trading symbol or market change after the reverse split?
The common stock will continue to trade on the Nasdaq Capital Market under the symbol “YHGJ”, but on a reverse split-adjusted basis and with a new CUSIP 98873Q 209.
How does the reverse stock split affect Yunhong Green CTI (YHGJ) stockholders’ ownership and voting power?
The reverse split affects all stockholders uniformly, so each holder’s percentage ownership and proportionate voting power is intended to remain the same, aside from minor changes related to eliminating fractional shares.
What happens to fractional shares in the Yunhong Green CTI (YHGJ) reverse stock split?
No fractional shares will be issued. Fractional entitlements will be aggregated and sold on the open market, and affected stockholders will receive a cash payment equal to their pro rata portion of the net sale proceeds.