Globavend Holdings Ltd. announced a 1-for-200 reverse stock split of its ordinary shares, effective July 21, 2025. This will reduce the number of outstanding shares from approximately 253 million to 1.27 million. The reverse stock split will not alter any rights or preferences of the shares.
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. Globavend Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9496244-en) on July 17, 2025, and is solely responsible for the information contained therein.