NewGenIvf Sets 1-for-8 Reverse Split Effective October 23, Cutting Shares to ~1.23M

summarizeSummary

NewGenIvf will execute a 1-for-8 reverse split on October 23, 2026 — deeper than the 1-for-4 previously announced — reducing Class A shares from about 9.82 million to about 1.23 million.

check_boxKey Events · Corporate Governance and Compliance · NIVF

• 1-for-8 Reverse Split Approved

  On October 6, 2026, the board approved a one-for-eight consolidation, deeper than the one-for-four ratio previously announced.

• Share Count Falls to ~1.23M

  Outstanding Class A Ordinary Shares drop from approximately 9,821,197 to approximately 1,227,650; the company notes the count may rise before the record date from convertible note exercises.

• Trading Adjusted October 23

  Shares begin trading split-adjusted at the open on October 23, 2026 under ticker NIVF and new CUSIP G0544E162; no shareholder vote was required under BVI law.

• Warrants and Options Also Adjusted

  All options, warrants and convertible securities are divided by eight, with rounding to the nearest whole share.

auto_awesomeAnalysis · NIVF · Industrial Applications And Services

The board deepened the reverse split ratio from the previously announced 1-for-4 to 1-for-8, a sharper consolidation than investors were told to expect. Outstanding Class A shares fall from about 9.82 million to about 1.23 million, and the stock begins trading split-adjusted October 23 under a new CUSIP. A second, deeper reverse split in six weeks points to continued pressure on the share price and the need to hold Nasdaq's minimum bid; the company also notes the count could rise before the record date from convertible note exercises.