Ohmyhome Shareholders Greenlight Colossal Authorized Share Expansion and Reverse Split
OMH has more than doubled off its 52-week low of $0.23 on elevated volume (60× avg).
Summary
Ohmyhome shareholders approved an increase in authorized shares to 100 trillion and a reverse stock split of up to 5,000:1, granting the board broad authority to restructure the company's capital.
Key Events · Corporate Governance and Compliance · OMH
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Authorized Share Increase Approved
Shareholders voted to boost authorized shares from 750 billion to 100 trillion, comprising 90 trillion Class A and 10 trillion Class B shares, giving the board immense capacity to issue new equity.
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Reverse Stock Split Authorized
A reverse stock split ranging from 2:1 to 5,000:1 was approved, with the board empowered to set the exact ratio within two years, a step aimed at regaining Nasdaq compliance.
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Capital Reduction and Sub-division
The par value was slashed from $0.01 to $0.0000001, and each unissued share was subdivided into 100,000 shares, further expanding the authorized share count to 10 quintillion.
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Director Re-appointments and Auditor Ratified
All four director nominees were re-appointed and the appointment of Enrome LLP as auditor was ratified, ensuring board continuity.
Analysis · OMH · Real Estate & Construction
With overwhelming support, shareholders have approved a staggering increase in authorized shares—from 750 billion to 100 trillion—alongside a reverse stock split of up to 5,000:1. The board now holds sweeping authority to issue shares and consolidate the stock, a move clearly designed to cure the Nasdaq minimum bid price deficiency and facilitate capital raising. This vote confirms that a dramatic capital restructuring is underway, one that could subject existing holders to extreme dilution if the newly authorized shares are deployed.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 35.6% of the 1216 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, OMH was trading at $0.56 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $5.5M. The 52-week trading range was $0.23 to $1.91. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.