Galaxy Payroll Group Ltd. has announced a share consolidation, with a 10-to-1 ratio, effective September 8, 2025. This move, approved by the Board of Directors, aims to optimize the company's capital structure. Post-consolidation, the number of outstanding shares will decrease from 21,615,000 to approximately 2,161,500. The shares will continue trading under the symbol "GLXY" on Nasdaq, but with a new CUSIP number.
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. Galaxy Payroll Group 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: 0001213900-25-084070), on September 03, 2025, and is solely responsible for the information contained therein.