Zenta Group Closes ZentoAI Acquisition, Shares Surge 190%
ZTG has more than doubled off its 52-week low of $0.6 on elevated volume (28× avg).
Summary
Zenta Group confirmed the closing of its ZentoAI acquisition on September 11, 2026, paying HKD 10 million in cash and issuing 12,278,340 Class A shares. The deal expands the company into AI technology and brings the post-closing share count to 24,087,179. The stock is up 190% to $1.95 on the news, reflecting strong retail and momentum buying. This follows the September 9 announcement and the September 14 filing for a 12-to-1 reverse split vote at the September 30 EGM. The surge is notable given the micro-cap's size and the dilutive nature of the share issuance.
At the time of this announcement, ZTG was trading at $1.79 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.7M. The 52-week trading range was $0.60 to $12.25. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.