ARB IOT Group Ltd. Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements

Reuters

29 May

<a href="https://laohu8.com/S/ARBB">ARB IOT Group Ltd</a>. Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements

ARB IOT Group Ltd. (Nasdaq: ARBB) has announced a reverse share split, consolidating fifteen Ordinary Shares into one, effective June 2, 2025. This move aims to boost the per share trading price to meet NASDAQ's $1.00 minimum bid price requirement. Post-split, the company will have roughly 1,765,276 Ordinary Shares outstanding, while maintaining the same trading symbol "ARBB".

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ARB IOT Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9459520-en) on May 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/ARBB\">ARB IOT Group Ltd</a>. Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        ARB <a href=\"https://laohu8.com/S/IOT.AU\">IOT Group</a> Ltd. (Nasdaq: ARBB) has announced a reverse share split, consolidating fifteen Ordinary Shares into one, effective June 2, 2025. This move aims to boost the per share trading price to meet NASDAQ's $1.00 minimum bid price requirement. 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Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-29 20:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/ARBB\">ARB IOT Group Ltd</a>. Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        ARB <a href=\"https://laohu8.com/S/IOT.AU\">IOT Group</a> Ltd. (Nasdaq: ARBB) has announced a reverse share split, consolidating fifteen Ordinary Shares into one, effective June 2, 2025. This move aims to boost the per share trading price to meet NASDAQ's $1.00 minimum bid price requirement. Post-split, the company will have roughly 1,765,276 Ordinary Shares outstanding, while maintaining the same trading symbol \"ARBB\".\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ARB IOT Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9459520-en) on May 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B64PRP62.GBP","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL8kNFQz:1","article_id":"2539257772","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539257772","pubTimestamp":1748520033,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"ARB IOT Group Ltd.  has announced a reverse share split, consolidating fifteen Ordinary Shares into one, effective June 2, 2025. 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Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements\n    \n\n        ARB IOT Group Ltd. (Nasdaq: ARBB) has announced a reverse share split, consolidating fifteen Ordinary Shares into one, effective June 2, 2025. This move aims to boost the per share trading price to meet NASDAQ's $1.00 minimum bid price requirement. Post-split, the company will have roughly 1,765,276 Ordinary Shares outstanding, while maintaining the same trading symbol \"ARBB\".\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ARB IOT Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9459520-en) on May 29, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}