Lucas GC Sets 125-for-1 Reverse Split Effective September 1
LGCL sits 22% above its 52-week low of $0.041 on elevated volume (3.3× avg).
Summary
Lucas GC announced a 125-for-1 share consolidation effective September 1, 2026, modifying the previously approved 80-for-1 ratio to boost its share price and maintain Nasdaq listing compliance.
Key Events · Corporate Governance and Compliance · LGCL
-
125-for-1 Reverse Split Announced
Share consolidation ratio increased from 80-for-1 to 125-for-1, effective September 1, 2026, affecting all issued and outstanding Class A and Class B ordinary shares.
-
Authorized Capital Restructured
Authorized share capital set at US$50,000 divided into 20,000,000 shares of US$0.025 par value each (19.8M Class A, 200K Class B).
-
Nasdaq Compliance Motivation
Company anticipates the consolidation will increase the market price per share, addressing the stock's current ~$0.05 trading level.
-
New CUSIP Assigned
New CUSIP number G57037122 assigned to Class A ordinary shares as a result of the consolidation.
Analysis · LGCL · Technology
Lucas GC is executing a 125-for-1 share consolidation effective September 1, 2026 — a far more aggressive ratio than the 80-for-1 originally approved by the board on May 28, 2026. The company's stock trades at roughly $0.05, and the consolidation is designed to lift the per-share price to regain Nasdaq compliance. The authorized share capital is being restructured to 20 million shares at $0.025 par value, and a new CUSIP number has been assigned. Shareholders' percentage ownership is unchanged, but the move signals management is taking drastic action to address the stock's depressed price level.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LGCL was trading at $0.05 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.3M. The 52-week trading range was $0.04 to $22.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.