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Li Bang International to Execute 1-for-200 Reverse Share Split on Aug 3 2026
Li Bang International Corporation Inc., a designer and seller of stainless‑steel commercial kitchen equipment headquartered in Jiangyin, China, announced a 1‑for‑200 reverse share consolidation of its Class A and Class B ordinary shares. The consolidation, approved by shareholders and the board, will become effective at the opening of trading on Monday, 3 August 2026. After the split the shares will continue to trade on the Nasdaq Capital Market under the same ticker, LBGJ, but with a new CUSIP (G5480M128).
The split will reduce the approximately 108.1 million Class A shares and 154,360 Class B shares outstanding to about 540,640 Class A shares and 772 Class B shares, respectively, with any fractional shares rounded up. The company said the action is intended to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price. Ownership percentages are expected to remain essentially unchanged.
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Li Bang International Corporation Inc. · NASDAQ Capital Market