NewGenIvf Group Ltd. $(NIVF)$, a fertility services provider in Asia, announced a reverse stock split at a 1-for-10 ratio. Starting May 5, 2025, the company's Class A Ordinary Shares will trade on the Nasdaq Global Market under the same ticker symbol "NIVF" with a new CUSIP number G0544E121. This move will reduce the number of outstanding Class A Ordinary Shares from 7,302,819 to approximately 730,282. No fractional shares will be issued; instead, any fractional entitlements will be rounded up to the nearest whole share.
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. NewGenIvf Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9442813-en) on May 01, 2025, and is solely responsible for the information contained therein.