Pop Culture Group to Implement 10-for-1 Reverse Stock Split
Xiamen-based Pop Culture Group Co., Ltd. will consolidate its outstanding ordinary shares at a 10-for-1 ratio starting July 13, 2026. The move will reduce the company's issued Class A shares from approximately 113.8 million to roughly 11.4 million, while the stock continues trading on the Nasdaq under the symbol CPOP.
The consolidation affects all Class A, Class B, and Class C ordinary shares, with the company adjusting par values to US$0.1 each following the change. Investors holding positions through banks or brokerage firms will see their holdings automatically adjusted, with fractional shares rounded up to the nearest whole share. Outstanding warrants, stock options, and other purchase rights will also be recalibrated to reflect the new share structure.
Trading activity for the post-consolidation shares begins at the market open on July 13, 2026, under the new CUSIP number G71700127. Shareholders seeking specific information regarding their accounts are advised to contact their financial intermediaries or the company's transfer agent, Transhare Corporation, at 303-662-1122.
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