Founder Group announces 1-for-100 share consolidation effective Sept. 1

Reuters2026/08/27 20:15

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Founder Group will execute a 100-for-1 share consolidation effective Sept. 1, 2026.
Move targets renewed compliance with Nasdaq’s $1 minimum bid requirement under Rule 5550(a)(2).
Class A shares to trade on an adjusted basis under ticker FGL with new CUSIP G3662E147.
Share count to fall to about 73,693 Class A shares from 7.37 million; Class B to about 1,865 from 186,358.
Fractional positions to be rounded up through issuance of bonus 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. Founder Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608271615PRIMZONEFULLFEED9816933) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Founder Group announces 1-for-100 share consolidation effective Sept. 1

You may also like

Crypto prices