Livento Group Finalizes Extreme 1-for-20,000 Reverse Stock Split; New Symbol LIVG Effective Jan 29
summarizeSummary
Livento Group, Inc. filed an amendment detailing the final operational terms of its 1-for-20,000 reverse stock split, including the new CUSIP and the effective date for the new 'LIVG' trading symbol.
check_boxKey Events
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Reverse Stock Split Finalized
The company formalized the 1-for-20,000 reverse stock split, which was approved by stockholders on May 5, 2025, and became effective on December 30, 2025.
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Operational Details Confirmed
A FINRA notice outlines the new CUSIP, a reduction of pre-split shares from 4.34 billion to 216,988 post-split shares, and a temporary symbol NUGND before changing to LIVG.
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New Trading Symbol Effective
Livento Group's common stock is expected to begin trading under the new symbol 'LIVG' on a split-adjusted basis when OTC Markets opens on January 29, 2026.
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Fractional Share Treatment
Fractional shares resulting from the reverse stock split will be rounded up to the next whole share, except for shares issued under the Equity Incentive Plan, which will be rounded down.
auto_awesomeAnalysis
This second amendment to the 8-K provides the definitive operational details and formalizes the extreme 1-for-20,000 reverse stock split previously announced. The split, effective December 30, 2025, significantly reduces the number of outstanding shares from over 4.3 billion to approximately 217,000, and the company will trade under the new symbol 'LIVG' starting January 29, 2026. Such an aggressive reverse split, especially for a micro-cap company, is typically a strong negative signal, often indicating severe financial distress or an attempt to meet minimum price requirements to avoid delisting. This action follows a recent Form 144 filing by an insider to sell a substantial number of shares, further compounding negative sentiment. Investors should be aware of the significant dilution and potential for continued volatility associated with such a drastic corporate action.
At the time of this filing, NUGN was trading at $0.00 on OTC in the Technology sector, with a market capitalization of approximately $4.6M. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.