Alps Group Sets 1-for-5 Share Consolidation Effective Nov. 9
Bitget2026/10/30 13:01- Alps Group will implement a one-for-five consolidation of ordinary and preferred shares at market open on November 9, 2026.
- Outstanding ordinary shares will fall to approximately 31,680,063 from 158,400,314.
- Authorized share capital will subsequently expand to 210,000,000 shares from 100,000,000, comprising 200,000,000 ordinary shares and 10,000,000 preferred shares.
- Ordinary shares will trade on a post-consolidation basis on the Nasdaq Global Market under the existing symbol ALPS.
- Fractional entitlements will be rounded up to whole shares; shareholders' proportionate ownership interests will remain unchanged.
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.
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