UBUYHOLDINGS Completes 1-for-10 Reverse Stock Split and Rebrands to Longevity Diversified Holdings
Summary
UBUYHOLDINGS INC has completed a 1-for-10 reverse stock split and changed its name to Longevity Diversified Holdings, Inc., effective July 2, 2026, with a new ticker symbol LGVT pending.
Key Events · Corporate Governance and Compliance · UBYH
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1-for-10 Reverse Stock Split Effective
The company implemented a 1-for-10 reverse stock split, reducing outstanding shares from 5,687,356,400 to 568,735,640, effective July 2, 2026. Trading on a post-split basis began July 3, 2026.
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Company Name Change
The company officially changed its name from "UbuyHoldings, Inc." to "Longevity Diversified Holdings, Inc.", effective July 2, 2026.
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Ticker Symbol Update
The ticker symbol will temporarily trade as "UBYH" with a "D" for 20 business days, then change to "LGVT", subject to confirmation of availability.
Analysis · UBYH · Real Estate & Construction
The 1-for-10 reverse stock split significantly reduces the number of outstanding shares and proportionally increases the per-share price, a common move for micro-cap companies to improve market perception or meet listing requirements. This action, coupled with a name change to "Longevity Diversified Holdings, Inc." and a future ticker change to LGVT, suggests a strategic rebranding effort, potentially to distance the company from its past performance and signal a new direction. While it addresses the low share price, reverse splits in micro-caps often fail to deliver sustained value without fundamental business improvements and can be viewed as a sign of distress.
At the time of this filing, UBYH was trading at $0.00 on OTC in the Real Estate & Construction sector, with a market capitalization of approximately $21.6M. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.