FGI Industries Announces 1-for-5 Reverse Share Split and Bylaw Amendments

Reuters
2025/07/29
FGI Industries Announces 1-for-5 Reverse Share Split and Bylaw Amendments

FGI Industries Ltd. has announced a 1-for-5 reverse share split of its ordinary shares, effective July 31, 2025. The split will consolidate every five ordinary shares into one, adjusting the par value from $0.0001 to $0.0005 per share. Following the reverse split, FGI's ordinary shares will trade on a split-adjusted basis on The Nasdaq Capital Market under the symbol "FGI" with a new CUSIP number, while the public warrants remain unchanged under the symbol "FGIWW".

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. FGI Industries Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-036293), on July 29, 2025, and is solely responsible for the information contained therein.

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