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Zeta Network Group (Nasdaq: ZNB) enacts 1-for-100 reverse share split

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6-K

Rhea-AI Filing Summary

Zeta Network Group is implementing a 1-for-100 reverse share split and share consolidation of its Class A and Class B ordinary shares. Beginning March 12, 2026, Class A shares will trade on Nasdaq on a split-adjusted basis under the symbol ZNB with a new CUSIP.

Each 100 Class A ordinary shares will automatically convert into one share, with fractional positions rounded up to the next whole share. Authorized Class A shares will change from 11,200,000,000 at par US$0.0025 to 112,000,000 at par US$0.25, and Class B from 1,600,000,000 to 16,000,000 on the same par value change.

Issued and outstanding Class A shares will change from 158,079,166 to approximately 1,580,792, and Class B from 480 to 5, with each holder maintaining the same ownership percentage aside from de minimis rounding effects. The consolidation is intended to help the company regain compliance with Nasdaq’s US$1.00 minimum bid price requirement and maintain its listing.

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Insights

Reverse split concentrates Zeta shares to support Nasdaq bid-price compliance.

Zeta Network Group is executing a 1-for-100 reverse share split to consolidate both authorized and outstanding Class A and Class B ordinary shares. This leaves the stated authorized capital at US$32,000,000.00 while sharply reducing the number of shares and increasing par value per share.

The company states that each shareholder will keep the same proportional ownership, aside from rounding up fractional shares to whole shares, so this action primarily changes share count and per-share metrics rather than total equity. Such consolidations are commonly used to address low trading prices without injecting new capital.

The stated objective is to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of US$1.00 per share for continued listing. Investors can later compare post–March 12, 2026 trading levels and liquidity to understand how the split interacts with market demand, though outcomes will depend on broader business and market factors beyond this structural change.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 333-226308

 

ZETA NETWORK GROUP

(Translation of registrant’s name into English)

 

14 Wall Street, 20th Floor

New York, NY 10005

Tel: +1 (929) 317-2699

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

1-For-100 Reverse Share Split

 

As previously disclosed in a current report on Form 6-K dated January 22, 2026 of Zeta Network Group, a Cayman Islands company (the “Company”), on January 22, 2026, the shareholders of the Company approved, at the extraordinary general meeting of the shareholders of the Company, among other things, to authorize the Company’s board of directors (the “Board”) to effect a reverse share split and share consolidation (the “Share Consolidation”), of the Company’s authorized and issued share capital, at a ratio of up to one-for-100, but in any case at a ratio of not less than one-for-five, at a date to be determined by the Board, with the exact ratio to be set at a whole number within this range, as determined by the Board in its sole discretion. The Board authorized and implemented the Share Consolidation at a ratio of one-for-100 on February 10, 2026. The Company filed the Eighth Amended and Restated Memorandum and Articles of Association (the “Eighth Amended M&A”) with the Cayman Islands General Registry office on February 11, 2026.

 

The foregoing description of the Eighth Amended M&A does not purport to be complete and is qualified in its entirety by reference to the full text of the Eighth Amended M&A, a copy of which is filed herewith as Exhibit 3.1 and incorporated herein by reference.

 

Upon the opening of the market on March 12, 2026, the Company’s Class A ordinary shares will begin trading on the Nasdaq Capital Market (“Nasdaq”) on a one-for-one hundred post-reverse split basis under the current symbol “ZNB” but with a new CUSIP number, G2287A142.

 

As a result of the Reverse Share Split and Share Consolidation, every 100 issued and outstanding Class A ordinary shares of the Company traded on Nasdaq will automatically, and without any action of the Company or any holder thereof, be combined, converted, and changed into one validly issued and non-assessable ordinary share. No fractional shares will be issued to any shareholder, and in lieu of issuing any such fractional shares, the fractional shares resulting from the Share Consolidation will be rounded up to the next whole share.

 

Except for the de minimis adjustments resulting from the treatment of fractional shares, the Share Consolidation will not have any dilutive effect on our shareholders, since each shareholder will hold the same percentage of our ordinary shares outstanding immediately following the Share Consolidation as such shareholder held immediately prior to the Share Consolidation.

 

The Share Consolidation is intended to avoid potential non-compliance with the rule requiring a minimum bid price of $1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2).

 

A press release of the Company dated March 9, 2026, is also included as an exhibit to this Current Report on Form 6-K and is incorporated herein by reference.

 

Exhibits

 

The following exhibits are included in this Form 6-K:

 

Exhibit No.   Description of Exhibit
3.1   Eighth Amended and Restated Memorandum and Articles of Association.
99.1   Press Release, dated March 9, 2026.

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Dated: March 9, 2026

 

ZETA NETWORK GROUP  
     
By: /s/ Samantha Huang  
Name: Samantha Huang  
Title: Chief Executive Officer and Director  

 

2

 

Exhibit 99.1

 

ZETA NETWORK GROUP ANNOUNCES REVERSE SHARE SPLIT

 

NEW YORK, March 9, 2026 /PRNewswire/ -- Zeta Network Group (“Zeta” or the “Company”) (Nasdaq: ZNB), today announced that the Company’s board of directors approved on February 10, 2026, that the authorised, issued, and outstanding shares of the Company be consolidated on a 100 for 1 ratio with the marketplace effective date of March 12, 2026.

 

The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.

 

Beginning with the opening of trading on March 12, 2026, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “ZNB” but under a new CUSIP number, G2287A142.

 

As a result of the share consolidation, each 100 Class A ordinary shares outstanding will automatically combine and convert to one issued and outstanding Class A ordinary share without any action on the part of the shareholders. No fractional shares will be issued to any shareholders in connection with the share consolidation, and each shareholder will be entitled to receive one share of the Company in lieu of the fractional share of that class that would have resulted from the share consolidation.

 

At the time the share consolidation is effective, the Company’s authorized share capital is changed from USD$32,000,000.00 divided into 11,200,000,000 granted Class A Ordinary shares with a nominal or par value of USD$0.0025 and 1,600,000,000 Class B Ordinary shares with a nominal or par value of USD$0.0025 each, to USD$32,000,000.00 divided into 112,000,000 Class A Ordinary shares with a nominal or par value of USD$0.25 each and 16,000,000 Class B Ordinary shares with a nominal or par value of USD$0.25 each. The Company’s total issued and outstanding Class A ordinary shares will be changed from 158,079,166 Class A ordinary shares with a par value of US$0.0025 per share to approximately 1,580,792 Class A ordinary shares with a par value of US$0.25 per share. The Company’s total issued and outstanding Class B ordinary shares will be changed from 480 Class B ordinary shares with a par value of US$0.0025 per share to 5 Class B ordinary shares with a par value of US$0.25 per share.

 

About Zeta Network Group (Nasdaq: ZNB)

 

Zeta Network Group (Nasdaq: ZNB) is a U.S.-listed digital infrastructure and financial technology company pioneering the convergence of traditional finance and the digital asset economy. The Company is developing a Bitcoin-centric institutional finance platform that integrates digital asset treasury management, Bitcoin liquidity aggregation, and sustainable Bitcoin mining operations, all within a regulated Nasdaq framework.

 

Led by a global team of finance and technology experts, Zeta is redefining institutional digital finance by merging the governance and transparency of a public company with the innovation and scalability of blockchain to create a trusted bridge between capital markets and decentralized finance.

 

For more information, visit ir.thezetanetwork.com.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially from those projected. Forward-looking statements include, among other things, statements regarding anticipated financial performance, strategy, and the potential impact of the transaction described herein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Zeta Network Group undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

 

FAQ

What reverse share split did Zeta Network Group (ZNB) approve?

Zeta Network Group approved and implemented a 1-for-100 reverse share split. Every 100 Class A ordinary shares will automatically combine into one share, with no action required by shareholders and fractional positions rounded up to the next whole share.

When will Zeta Network Group’s reverse share split take effect on Nasdaq?

The reverse share split becomes effective in the market on March 12, 2026. From the opening of trading that day, Zeta’s Class A ordinary shares will trade on a split-adjusted basis under the symbol ZNB with a new CUSIP, G2287A142.

How does the Zeta Network Group (ZNB) reverse split affect outstanding shares?

Outstanding Class A ordinary shares will change from 158,079,166 shares at US$0.0025 par value to approximately 1,580,792 shares at US$0.25 par value. Class B shares will change from 480 to 5, with each holder’s percentage ownership essentially unchanged aside from rounding up fractions.

What happens to Zeta Network Group shareholders’ fractional shares after the split?

No fractional shares will be issued in the reverse share split. Instead, any fractional share position resulting from consolidating 100 shares into one will be rounded up, and each shareholder will receive one full share in lieu of any fractional entitlement.

Why is Zeta Network Group conducting a 1-for-100 reverse share split?

The company states the reverse share split aims to regain compliance with Nasdaq Marketplace Rule 5550(a)(2). That rule requires a minimum bid price of US$1.00 per share for continued listing on the Nasdaq Capital Market, and the consolidation supports meeting that standard.

How will Zeta Network Group’s authorized share capital change after the split?

Authorized share capital remains US$32,000,000.00 but is restructured. Authorized Class A shares change from 11,200,000,000 at US$0.0025 par value to 112,000,000 at US$0.25, and authorized Class B shares from 1,600,000,000 to 16,000,000 at the same new par value.

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2 documents
Zeta Network Group

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